Communiqué: Orange partners with APG for the deployment of an additional 1.7m FTTH plugs in Poland through a 50-50 joint ven...
12 Abril 2021 - 1:06AM
Communiqué: Orange partners with APG for the deployment of an
additional 1.7m FTTH plugs in Poland through a 50-50 joint venture
valued at 605 million euros
Press releaseParis, 12 April 2021
Orange partners with APG for the deployment
of an additional 1.7m FTTH plugs in Poland through a 50-50 joint
venture valued at 605 million euros
Orange Polska announced today the creation of a FiberCo co-owned
(50-50) with APG. This joint venture aims to support the rollout of
fiber in Poland, in areas where access to very high-speed broadband
infrastructure is limited or inexistent. The FiberCo integrates 2.4
million lines, including 1.7 million households that will be
deployed over the next five years.
This transaction values the joint venture at 2,748 million PLN
(605 million euros) following a competitive process aimed at
seeking out a long-term partner. As a result, Orange Polska will
receive 1,374 million PLN (303 million euros) from APG, of which
65% will be transferred on closing and the rest between 2022 and
2026 as the deployment plan advances.
This project will allow Orange Polska to pursue its ambitious
fiber-optic rollout strategy by sharing investment costs. >
Click here for further details.
This announcement follows other Orange Group announcements
including the creation of Orange Concessions in January 2021 and
the outline of the European Towerco Totem in February 2021. As
such, Orange continues to deploy its infrastructure strategy as
set-out in its Engage 2025 plan.
Commenting on the partnership in Poland,
Mari-Noëlle Jégo-Laveissière, Deputy CEO of Orange in charge of
European Operations (outside France), said: “This partnership with
APG is excellent news for Orange Polska. APG is a global leader in
infrastructure management and will provide us with the financial
backing necessary to achieve our ambitious five-year fiber roll-out
program in Poland. Together we will be able to bring fiber to an
additional 1.7 million homes mainly in areas that still lack
reliable internet access across the country. This ambition will be
backed with a tried-and-tested business model that aims to maximize
available revenues by opening-up wholesale access to third-party
operators. This is a clear win-win for everybody that will also
contribute to social and economic development in the country.”
Ramon Fernandez, Delegate CEO of Orange in charge
of Finance, Performance and Development, commented: “I am delighted
that Orange, as Europe’s leading player in the FTTH fiber market
and one of the largest mobile network operators, has successfully
brought to fruition its three major infrastructure projects,
delivering on the commitment made in our Engage 2025 strategic
plan. These projects clearly underline the value of our network
assets, which have been shown to be so crucial during the ongoing
pandemic. By creating these independent structures, we are
strengthening our leadership and fostering sustainable value
creation through an optimized infrastructure management and
improved customer service.”
Orange’s other infrastructure projects include:
- Orange Concessions: Orange announced the creation of its French
FiberCo in January 2021 bringing together 4.5 million fiber plugs
in rural France. Click here for further details.
- Totem: Orange’s wholly-owned European TowerCo bringing together
passive-infrastructure assets in its mobile networks in France and
Spain. Click here for further details.
About Orange
Orange is one of the world’s leading
telecommunications operators with sales of 42.3 billion euros in
2020 and 142,000 employees worldwide at 31 December 2020, including
82,000 employees in France. The Group has a total customer base of
259 million customers worldwide at 31 December 2020, including 214
million mobile customers and 22 million fixed broadband customers.
The Group is present in 26 countries. Orange is also a leading
provider of global IT and telecommunication services to
multinational companies, under the brand Orange Business Services.
In December 2019, the Group presented its new "Engage 2025"
strategic plan, which, guided by social and environmental
accountability, aims to reinvent its operator model. While
accelerating in growth areas and placing data and AI at the heart
of its innovation model, the Group will be an attractive and
responsible employer, adapted to emerging professions.
Orange is listed on Euronext Paris (symbol ORA)
and on the New York Stock Exchange (symbol ORAN).For more
information on the internet and on your mobile: www.orange.com,
www.orange-business.com or to follow us on Twitter:
@orangegrouppr.Orange and any other Orange product or service names
included in this material are trademarks of Orange or Orange Brand
Services Limited.
Press contacts: +33 1 44 44 93 93Tom Wright;
tom.wright@orange.com; +33 6 78 91 35 11
- PR_Orange_Polska_FiberCo_EN_120421
Orange (EU:ORA)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024
Orange (EU:ORA)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024