Home Telefonica in talks to raise EUR 5 bln for German fibre expansion - report
 

Keywords :   


Telefonica in talks to raise EUR 5 bln for German fibre expansion - report

2020-10-12 10:26:00| Telecompaper Headlines

(Telecompaper) Telefonica is in talks with lenders and investors to receive EUR 5 billion for fibre expansion in Germany, Reuters reports, citing sources. Banks would lend two thirds of the money and the rest would be equity, including from an investor now holding exclusive talks with Telefonica. The company will invest the cash in fibre projects one step at a time. Telefonica Germany could take a passive equity stake in the new infrastructure unit responsible for fibre expansion, the report added, and could become an anchor customer. [ more ]

Tags: report eur german expansion

Category:Telecommunications

Latest from this category

All news

»
06.07Tropical Storm Chantal Graphics
06.07Tropical Storm Chantal Public Advisory Number 5a
06.07Summary for Tropical Storm Chantal (AT3/AL032025)
06.07Atlantic Tropical Weather Outlook
06.07Excellent or awful - why Lifetime ISAs divide opinion
06.07Eastern North Pacific Tropical Weather Outlook
05.07Tropical Storm Chantal Graphics
05.07Tropical Storm Chantal Graphics
More »