Liberty Networks Germany, the joint venture (JV) formed between Liberty Global and private equity firm InfraVia Capital earlier this year, will roll out fibre-to-the-home (FTTH) networks in underserved areas of the country under the brand name ‘helloFiber’. The expansion will kick off with construction of an area-wide FTTH network in Petershagen-Eggersdorf, Brandenburg. More than 7,000 homes and businesses are set to benefit from gigabit connectivity, with the project scheduled for completion within the next two years.
The 50:50 JV was formed in September and will initially target a small number of underserved municipalities. Liberty Global previously owned Unitymedia for over a decade, before selling the regional cableco to Vodafone in 2019, while independent private equity firm InfraVia specialises in infrastructure and technology investments.
‘With Liberty Networks Germany, we are now focusing on pure fibre rollout looking at cities in areas not served by gigabit. The aim is to quickly create opportunities for individual fibre connections as a reliable partner for municipalities,’ said Robert Dunn, Managing Director of Connectivity Investments at Liberty Global.