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Investment firm, KKR and investment management platform DTCP have teamed up to launch independent infrastructure platform, Open Dutch Fiber.
The new company is set to deploy FTTH broadband in the Netherlands across urban and higher population density areas. The platform has an open architecture and will make wholesale fibre services available to all operators. Operations in the second quarter of this year with a fully-funded commitment for an envisaged capital expenditure of approximately €700m.
Open Dutch Fiber has already signed an agreement with T-Mobile Netherlands, which currently has a mobile base of 6.8 million customers and a fixed base of 682,000. This will make it the anchor tenant for Open Dutch Fiber with a 20-year agreement.
15h | Melanie Mingas Investors KKR and DTCP have unveiled an independent wholesale fibre venture, which aims to deploy FTTH to a minimum one million homes by 2025 .
Known as Open Dutch Fiber, it will deliver broadband across urban and higher population density areas in the Netherlands. Operations will begin this quarter, with a fully-funded commitment for an envisaged capital expenditure of approximately €700 million and construction agreements already in place.
T-Mobile Netherlands has been confirmed as the anchor tenant. T-Mobile, which has signed up to a 20-year agreement, currently has a mobile base of 6.8 million customers and a fixed base of 682,000.
Open Dutch Fiber co-founder, Jordi Nieuwenhuis, said: High-quality and reliable fibre connectivity is essential for the Netherlands and this has only been accelerated with the structural changes to working patterns of companies and citizens brought about by the Covid-19 crisis. We are building a digital infrastruct
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Deutsche Telekom, Cellnex ink Dutch tower tie-up - Mobile World Live 21 JAN 2021
Deutsche Telekom signed an agreement with Cellnex to merge their respective tower businesses in the Netherlands and establish a joint investment fund covering digital infrastructure across Europe.
In a statement, Cellnex said Deutsche Telekom’s T-Mobile Netherlands business would integrate 3,150 towers into its Cellnex Netherlands subsidiary, which will operate a total 4,314 sites in the country.
Cellnex and T-Mobile Netherlands plan to sign a 15-year provision agreement, which is automatically renewable for ten-year periods and includes a requirement to roll out 180 new sites over the next seven years.
The new business will be 62 per cent owned by Cellnex, with Deutsche Telekom holding the remaining 38 per cent.