Orange Poland (Orange Polska) has transferred fibre connections covering around 672,000 households to its new JV Swiatlowod Inwesticje (Fibre-Optic Investments).
Swiatlowod Inwesticje, which is set up earlier this year as a 50:50 partnership with Dutch investment fund APG, plans to deploy cover around 1.7 million households more by 2025, taking its network to 2.4 million households.
“The company is thus becoming a new player on the market, offering open access to its own fiber optic network,” said Maciej Nowohoński, Member of the Management Board of Orange Polska for Wholesale Market.
Since June 21, the company has been managed by Magdalena Russyan, who is a Member of the Management Board for Operations. “Thanks to the agreement signed between Orange Polska and the Dutch APG fund, we will be able to effectively finance further expansion of the optical network without the participation of public funds,” said Russyan.