T-Cell Netherlands, KKR to speculate 700 million euros in fiber optic

    AMSTERDAM (Reuters) – T-Cell Netherlands stated on Wednesday that it’s going to open not less than 700 million euros in Dutch cities in collaboration with Open Dutch Fiber to construct and introduce a fiber-optic community with KKR Infrastructure and Deutsche Telekom Capital’s three way partnership ($ 832 million). Accomplice.

    The mission goals to succeed in 1 million houses inside 5 years.

    T-Cell competed towards KPN and VodafoneZiggo within the Netherlands.

    In March, KPN introduced a 440 million euro partnership with pension fund large ABP to speed up its fiber optic rollout, focusing on clients in low-service areas.

    KPN, which says it already reaches one-third of the Netherlands’ 8 million houses, plans to succeed in 2.5 million by 2026.

    ($ 1 = 0.8417 euro)

    (Reporting by Toby Sterling; Modifying by Jason Neely)

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