neuf, Numericable, Eiffage win Paris suburb fibre contract

17 Dec 2007

A consortium led by French cableco Numericable and including Eiffage and neuf Cegetel has been selected to deploy a high speed fibre-optic network in the Paris suburb of Hauts-de-Seine, according to Thomson Financial citing local press reports. Les Echos and La Tribune cite unnamed sources as saying local politicians are expected to approve the contract on 21 December. It is understood the Hauts-de-Seine project will require an investment of EUR422 million (USD608 million), of which EUR59 million will come from the public purse, and is expected to be operational by 2013. According to Les Echos, the Numericable-led consortium will receive a 25-year concession. The project is expected to generate an operating profit from year five onwards, with the consortium looking to sell access to ISPs rather than provide direct access to end users.

France, Altice France (SFR), neuf Cegetel