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Telefónica, KKR create $500M open access FTTx operation in Colombia
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KKR and Telefonica to Deploy Open Access Fibre in Columbia
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KKR and Telefónica to Create Colombia’s First Nationwide Open Access Fiber Optic Network
July 16, 2021 GMT
BOGOTÁ, Colombia & NEW YORK (BUSINESS WIRE) Jul 16, 2021
KKR, a leading global investment firm, today announced an agreement with Telefónica Colombia, a subsidiary of the leading Spanish telecom group Telefónica, to establish Colombia’s first independent nationwide open access wholesale digital infrastructure company.
On a mission to bring greater broadband access across Colombia, the new company will expand availability of ultra-fast fiber optic internet, benefitting more consumers and businesses across Colombia. As part of the agreement, KKR will acquire a majority stake in Telefónica’s existing fiber optic network, the largest in Colombia, and make the network open access through a newly established independent entity, which KKR will control as the majority sharehold
KKR and Telefnica to Create Colombias First Nationwide Open Access Fiber Optic Network
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KPN ready to wait for higher bid and Dutch state will have conditions Monday 3 May 2021 | 12:11 CET | Author: Tim Poulus | Market Commentary KPN has confirmed approaches from KKR and EQT/Stonepeak over a possible takeover of the Dutch operator. No negotiations were held, and a price was not given, KPN said. KKR seems to have given up after shopping around, and announced last month a joint venture with T-Mobile Netherlands to develop fibre infrastructure (Open Dutch Fiber). As for EQT, which is already active in the Netherlands, we expect the story is not yet over. The market appears more doubtful, with KPN s share price falling after the latest news.