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Cube Infrastructure Managers backs fiber-to-the-home project in Finland
Investors - NOVEMBER 22, 2022

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Cube Infrastructure Managers backs fiber-to-the-home project in Finland

by Kali Persall

Cube Infrastructure Managers’ Connecting Europe Broadband Fund (CEBF) has invested in a fiber-to-the-home (FTTH) project in Finland.

Operated by Fibernet, a new wholesale FTTH operator, the project represents an initial investment plan of €14 million ($14.4 million) for the first phase. Fibernet plans to cover six municipalities with its transmission infrastructure and provide full-fiber broadband to 41,000 homes within three years.

The project, representing CEBF’s ninth investment in Europe and first in Finland, will involve the deployment of state-of-the-art FTTH infrastructure to connect semi-urban and rural communities in Finland, in line with CEBF’s mission to enhance connectivity for households and businesses across Europe.

“We are pleased to announce this new investment, which will allow the deployment of new fiber networks connecting less populated areas across southern Finland,” said Izzet Güney, partner at Cube Infrastructure Managers. “

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