AMP Capital has agreed to acquire a majority stake in VX Fiber, an international infrastructure tech fiber business headquartered in Sweden, on behalf of investors in its infrastructure equity strategy.
VX Fiber has existing operations in South Africa and the United Kingdom, and is targeting an advanced pipeline of opportunities in the United Kingdom, Belgium, Austria and Germany.
VX Fiber designs, builds and operates full fiber FTTP (fiber-to-the-premise) open access networks globally and has developed its own proprietary software platform, which it operates on third parties’ passive fiber infrastructure as fiber operator. The entire network is remotely run through a network operations center in Umea, Sweden.
The business provides an essential service in the fiber value chain, with know-how, contracted position and in-time fiber ownership leading to high barriers to entry in a strong growth market. It partners with fiber owners such as local municipalities, r