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Faster FTTH rollout for Amsterdam

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T-Mobile Netherlands, KKR to invest 700 million euros in fibre optic

By Reuters Staff 1 Min Read FILE PHOTO: A T-Mobile logo is advertised on a building sign in Los Angeles, California, U.S., May 11, 2017. REUTERS/Mike Blake AMSTERDAM (Reuters) - T-Mobile Netherlands said on Wednesday it will invest at least 700 million euros ($832 million) to build and offer fibre optic networks in Dutch cities together with Open Dutch Fibre, a joint venture between KKR Infrastructure and Deutsche Telecom Capital Partners. The project aims to reach 1 million households within five years, it said. T-Mobile competes against KPN and VodafoneZiggo in the Netherlands. In March, KPN announced a 440 million euro partnership with pension fund giant ABP to speed up its fibre optic rollout, targeting customers in under-served areas.

Eurobites: T-Mobile Netherlands goes Dutch on fiber venture

Also in today s EMEA regional roundup: Lutz Schüler named as boss of post-merger Virgin Media/O2 entity; Ericsson does 5G in Malta; UK sets up new regulatory unit to tame tech titans. T-Mobile Netherlands is hoping to reach 1 million Dutch households with fiber within five years through a partnership with Open Dutch Fibre, which is itself a joint venture between KKR Infrastructure and Deutsche Telecom Capital Partners. T-Mobile is pumping at least €700 million (US$832 million) into the project, according to Reuters. In the Netherlands, T-Mobile competes against incumbent KPN and VodafoneZiggo. KKR Infrastructure is becoming a significant player in the European fiber scene, having already secured a major stake in FiberCop, Italy s recently established last-mile network grid. (See FiberCop is go after KKR and Fastweb firm up stakes.)

T-Mobile Netherlands, KKR to invest 700 million euros in fibre optic

T-Mobile Netherlands, KKR to invest 700 million euros in fibre optic Reuters 2 hrs ago © Reuters/Mike Blake T-Mobile logo is advertised on building sign in Los Angeles AMSTERDAM (Reuters) - T-Mobile Netherlands said on Wednesday it will invest at least 700 million euros ($832 million) to build and offer fibre optic networks in Dutch cities together with Open Dutch Fibre, a joint venture between KKR Infrastructure and Deutsche Telecom Capital Partners. The project aims to reach 1 million households within five years, it said. T-Mobile competes against KPN and VodafoneZiggo in the Netherlands. In March, KPN announced a 440 million euro partnership with pension fund giant ABP to speed up its fibre optic rollout, targeting customers in under-served areas.

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