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Cellnex and Bouygues Telecom form 51:49 JV in France to invest in fibre connectivity
2020-02-26 09:57:00| Telecompaper Headlines
(Telecompaper) Cellnex and Bouygues Telecom have agreed to create a joint venture that will deploy and operate a fibre network connecting infrastructure equipment across France. Bouygues Telecom will own 49 percent of the new company, with Cellnex holding 51 percent and 100 percent of economic rights. The JV will invest EUR 1 billion by 2027 to roll out up to 31,500 km of fibre linking infrastructure sites including mobile masts, central offices and edge computing centres.
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Category:Telecommunications