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Proximus and EQT JV Fiberklaar to Invest in FTTP Rollout in Belgium

Proximus and EQT JV Fiberklaar to Invest in FTTP Rollout in Belgium Image Credit: Fiberklaar

Fiberklaar, the new joint venture of Proximus and Sweden's EQT Infrastructure, announced that it will be investing EUR 2.5 billion for the rollout of a FTTP network to 1.5 million homes in Belgium over the next 7 years.

The €2.5bn investment into Fiberklaar’s fiber roll-out in Belgium will be funded through a combination of equity capital from EQT Infrastructure and Proximus.

 

This open network will be accessible to all service providers who want to offer their services (internet, digital TV, cloud services, gaming, VR, streaming, telephony, etc.) to Flemish users. FTTH technology is revolutionary because it allows super-fast and stable unlimited data traffic in both directions. 

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Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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