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Broadband

Telefonica sells 60% of Colombia FTTH assets to KKR for USD 200 mln

Monday 19 July 2021 | 09:57 CET | News
Telefonica has announced another fibre deal with KKR, this time agreeing to sell a 60 percent stake in its Colombian fibre to the home (FTTH) network to set up a new wholesale venture open to all operators. In a statement, the Spanish group said it will control 40 percent of the new venture, which intends to bring high-speed internet access to around 4.3 million premises in 90 Colombian cities over the next three years. 

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Categories: Fixed
Companies: KKR / Movistar / Movistar Colombia / Telefonica
Countries: Colombia
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