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Infracapital invests in the Austrian fibre optic network

Supervisory Board Chairwoman Alexandra Reich, CEO Joachim Otte © Speed Connect Austria

The newly founded company Speed Connect Netzwerkserrichtungs GmbH will build regional and local fibre optic networks outside of metropolitan areas in the coming years. In this way, more than half a million buildings should be linked to the network. In the years to come Speed Connect Austria will invest a high three-digit million amount in constructing regional fibre optic networks throughout Austria. The company will operate these fibre optic networks on the basis of an open wholesale model (open access). The infrastructure of all Internet service providers will be made available, and customers will be able to freely select the Internet providers themselves.

Infracapital is the infrastructure investment arm of the M&G Group, one of the leading European asset management companies. On the basis of its own greenfield strategy, Infracapital promotes the construction of new infrastructure projects featuring an investment horizon of several decades. Infracapital has offices in London, Paris, Stockholm and Vienna.

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