Announced
Completed
Financials
Sources
Tags
Private
Domestic
Friendly
Acquisition
fiber-optic
Joint Venture
Majority
communications
Completed
France
Telecommunications Equipment
Synopsis
Axione, a provider of broadband and digital networks, Bouygues, digital and energy transformation solutions provider, and Vauban, a management company, dedicated to infrastructure investments, formed Axione Fiber joint venture, a company dedicated to deploying and operating a full-fibre network targeting sub-urban and rural areas to help bridge the digital divide, in a £300m ($402m) deal. "Full-fibre networks are essential infrastructure to deliver digital services to all residential, corporate and public sector premises. Axione is delighted to partner with Vauban to create Axione Fibre, a large scale FTTP pure wholesale operator targeting small towns and villages across the UK," Dominique Astier, Axione Managing Director.
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