0
Broadband

FTTH venture Orange Concessions starts operations in rural France

Friday 5 November 2021 | 11:50 CET | News
Orange has finalised the sale of 50 percent of its FTTP infrastructure business in rural France, first announced at the end of January. The deal has resulted in the creation of Orange Concessions, valuing the fibre venture at EUR 2.675 billion. The telecom group will share ownership with a group of three investors, namely Banque des Territoires, part of French state-owned bank CDC (Caisse des Depots), CNP Assurances and EDF Invest.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: Fixed
Companies: Caisse des Depots / EDF / Orange France
Countries: France
::: add a comment
This article is part of dossier

Fibre


Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Orange CFO Fernandez says French market consolidation will be inevitable

Published 18 Nov 2021 10:34 CET | France
Orange CFO Ramon Fernandez believes that the French market will "inevitably" see the number of main network operators fall from ...

Last week in telecoms: DT, Orange start rural fibre JVs, BT goes it alone; Q3 reports flag shortages in broadband equipment

Published 08 Nov 2021 09:29 CET | World
The drive to finance and expand fibre networks featured heavily in the news this week. Deutsche Telekom announced a new joint ...

Orange France sees 15% drop in wholesale revenues in Q3, service revenues up 1.2%

Published 26 Oct 2021 10:31 CET | France
Orange France generated revenues of EUR 4.48 billion in the three months to September, down 4.1 percent year-on-year on a ...

Altitude completes acquisition deal for fibre assets owned by Covage

Published 01 Oct 2021 17:25 CET | France
French operator Altitude Infra said that it has finalised the deal for the fibre assets owned by Covage, which was first ...

France FTTP coverage grows 30% in past year, as rural roll-out accelerates

Published 10 Sep 2021 10:37 CET | France
Fibre network deployments in France kept the momentum in the three months to June, as operators brought FTTP connectivity to 1.5 ...

Altice venture combining SFR FTTH and Covage rebrands as Xp Fibre

Published 31 Mar 2021 08:38 CET | France
French fibre infrastructure company SFR FTTH, owned by Altice Europe and a group of investment firms, unveiled a new logo and ...

Orange sells 50% of FTTH infrastructure business in rural France

Published 25 Jan 2021 09:43 CET | France
Orange has entered into an exclusivity agreement with a group of investors for the sale of a 50 percent stake and co-control of ...