Trio establish new French fibre provider Vitis

14 Nov 2016

Oceinde Group, the parent company of Reunion-based fibre-optic services provider Zeop, has announced plans to establish a new 100% fibre-optic provider in cooperation with French set-top box manufacturer Netgem and state investment fund Caisse des Depots (CDC), La Tribune writes. The new operator’s shareholding will be distributed as follows: Netgem (55%), CDC (33%) and Oceanide (12%). The fibre-to-the-home (FTTH) provider will initially offer triple-play services in selected French municipalities with deployed public initiative networks (PINs, locally known as Reseaux d’Initiative Publique, or RIP), though the offering is expected to be extended to all PINs in the spring of 2017. A 1Gbps symmetrical link with VideoFutur TV and video-on-demand (VoD) will cost EUR39.90 (USD43.3) per month; unlimited calls to landlines in France will be charged at EUR5.00 extra per month.

France, Zeop (Reunion)