Exited
Investment in Pentacom Investments, an optical fiber business in Spain
Investment Date: May 21, 2020
Transfer of Ownership: March 2024
Related News
As an investment in the steadily growing European telecom sector, we have invested in Pentacom Investments ("Pentacom"). We are collaborating on this project with Macquarie Group Limited and Aberdeen Infrastructure. Having taken this initial step, we will continue to explore opportunities to expand our investment in telecommunications.
Attractiveness of the Target Company
Pentacom provides fiber-optic cables for internet service providers in 5 major cities in Spain (Madrid, Barcelona, Valencia, Seville, and Malaga). The total length of these optical fiber cables is approximately 192,500 km, serving 34% of households in the region. By delivering high-quality, affordable internet connections to homes and offices, the company aims to achieve further growth.
Industry Perspectives and Future Actions
The telecom sector is expected to keep expanding with advancements in technologies like 5G. In addition to optical fiber networks, we will actively explore the potential in related fields.
Posted on March 31, 2020