05.04.2024 16:16:04 - dpa-AFX: Macquarie Capital, Arjun Infrastructure Acquire FTTH Network From Digi For Up To EUR 750 Mln

CANBERA (dpa-AFX) - Macquarie Capital, abrdn (MQG.AX, MQBKY.PK) and Arjun
Infrastructure Partners, on Friday announced that their consortium, Sota
Investments Spain OpCo, S.L.U., has acquired a Fibre to the Home or FTTH network
from DIGI Spain Telecom S.L.U., a subsidiary of Digi Communications N.V., for up
to 750 million euros.

The transaction also provides the consortium with the option to acquire any
future fibre rollouts from DIGI in those provinces.

The network will be operated by Onivia, an independent wholesale fibre platform,
which will increase its coverage to around 10 million Spanish homes, over a
third of homes in the country.

The network acquired currently comprises around 4,250,000 homes passed with the
rest of the network, covering up to 1,750,000 homes passed, to be deployed over
an estimated period of three years.

This would see the network reach a total of 6 million homes passed, covering 12
provinces across the regions of Madrid, Segovia, Avila, Castilla-La Mancha,
Comunidad Valenciana and Murcia.

DIGI, Spain's internet service provider, will continue to use the FTTH network
to serve its customers and remain as anchor client, with the network made
available to all other Onivia customers.



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