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Broadband

Masmovil sells 1 mln more FTTH units for around EUR 400 mln

Monday 15 June 2020 | 15:05 CET | News
Spanish telecommunications provider Masmovil, the country's fourth largest network operator, has announced the sale of just over 1 million of its FTTH premises to an unnamed infrastructure fund for a total of between EUR 385 million and EUR 414 million. In a statement to securities market regulator CNMV, the operator revealed plans to set up a new FTTH 'NetCo' together with a renowned infrastructure fund to obtain liquidity without losing ownership of the existing accesses on the assets sold.

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Categories: Fixed
Companies: Masmovil
Countries: Spain
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