MásMóvil sells a fiber optic network in 1,000 towns to Macquarie for around 200 million

MADRID, 20 Sep. (EUROPA PRESS) -

MásMóvil has sold the investment fund Macquarie a majority stake in a fiber optic network distributed among a thousand rural locations for around 200 million euros, according to sources in the sector to Europa Press.

The network is in the process of being built, with which the inflow of investment will help to undertake the deployments to reach half a million homes, according to what 'Expansión' advanced on Tuesday.

Macquarie has become one of the regular partners of MásMóvil in this type of operation, which is increasingly widespread in the telecommunications sector, since it acquired another million accesses in medium-sized towns in 2021 through the wholesale operator Onivia, who will operate Also this network.

The fund shares a shareholding in the operator with Aberdeen, Daiwa Energy and Arjun Infrastructure Partners and has 2.1 million homes passed through fiber spread over more than a thousand cities, according to its website.

The objective of this wholesale operator is to reach a network of five million real estate units before 2024.

On the part of MásMóvil, this is the second operation of this type carried out in recent months, since it has also sold 51% of Euskaltel's new fiber optic network to Bidasoa Aggregator, a consortium of investors involved, among others , by Asúa Inversiones, Beraunberri, Inveready and Onchena.

The company is in the process of merging with Orange Spain in an operation that will lead to the creation of the largest operator by number of customers in Spain and a stronger competitor for Telefónica in the wholesale fixed connection market.