Adamo receives EUR100m to expand fibre

12 Feb 2019

Adamo Telecom Iberia, the Spanish fibre-to-the-home (FTTH) provider that is backed by Stockholm-based investment firm EQT Mid Market, has reportedly received financing of EUR100 million (USD113 million) from Banco Santander and other financial institutions, which it will use to extend its regional fibre-optic networks. Adamo, which was the first operator in Spain to introduce 1Gbps download speeds, back in 2014, has previously disclosed plans to pass 1.5 million homes with its infrastructure by end-2020.

Spain, Adamo Telecom Iberia