Execution : May 21, 2020
This is an investment in the steadily growing European communications sector. In collaboration with Macquarie and Aberdeen Standard, we participate in this project. Having taken this first step, we will continue to consider expanding investment in the communications fields.
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 the optical fiber cables is approximately 192,500 km, and the cables provide services for 34% of the households in the area. By providing high-quality, affordable internet communication services, Pentacom aims for further growth.
Industry Perspectives and Future Actions
The communications sector is expected to keep growing, with innovations such as the 5G connections. In addition to expanding the optical fiber cable networks, we will proactively investigate the potentials in the related fields.
Posted on March 31, 2020