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