Spain has a wide fibre optic network, dominated by three main operators. It has been the fastest country in Europe to develop a FTTH network.
An independent wholesale provider will create greater retail competition in Spain and encourage more people to upgrade their broadband access.
Fibre can transmit more data faster and over longer distances without losing the signal. A faster network enables telecom operators to meet users ever-increasing demand for bandwidth.
The introduction of an independent wholesale fibre operator in Spain will create growth opportunities for the traditional telecoms players and facilitate new partners to enter the market by having access to a secure, flexible and first quality broadband proposal.
Oliver Bradley, Managing Director, Macquarie Capital
By applying Macquarie’s expertise as a global infrastructure developer and our flexible balance sheet capital, Macquarie will guide the new company’s growth through the next stage of its development.
The new business will operate as an independent wholesaler providing capacity to internet service providers (ISPs) looking to supply broadband to homes and businesses.
By investing in critical fibre projects, Macquarie aims to improve business and people connectivity which should have a positive impact on the economy
An asset class which is increasingly appealing to infrastructure funds. As an immature infrastructure investment, fibre creates a great opportunity to deploy capital and generate a better risk-adjusted return
Demonstrates Macquarie Capital’s ability to apply our expertise in project finance and infrastructure assets, and the possibilities allowed by our flexible balance sheet to invest in and create infrastructure-like assets with business upside potential