Telefonica establishes Bluevia Fibra JV:
- Rural FTTP, wholesale
- With Crédit Agricole Assurances & Vauban Infrastructure Partners, selling 45% stake; Telefónica España retains 30%, Telefónica Infra 25%
- Current footprint 3.5m premises (13% of Telefonica ES network), target >5m by 2024
- Valuation: 45% 1.021b cash, EV EUR 2.500b = 27.1x 2022E EBITDA
- To close end 2022.
No comments:
Post a Comment