27.5.2021

Valokuitunen – Financing Arrangement for the Roll-Out of New Fibre-to-the-Home Network Connections

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Banking & Finance

We advised Finnish Valokuitunen Oy in relation to a five-year loan arrangement for financing the roll-out of new fibre-to-the-home network connections in suburban areas of the largest cities in Finland.

The fibre network investments will provide new digital infrastructure and services and expand the coverage of high-speed fixed line connections in residential neighbourhoods in Finnish growth centres and surrounding areas. Valokuitunen Oy’s fibre network roll-out plan is estimated to enable high-speed internet access to more than 70,000 customers by 2025.

Established in 2020, Valokuitunen Oy is a joint venture between CapMan Infra and Telia Company focused on accelerating the roll-out of fibre networks in Finland. The joint venture took over Telia Finland’s existing Avoin Kuitu fibre business and assets in 2019, which provided network access to approximately 20,000 households around Helsinki, Turku and Tampere.

The fibre network investment contributes to Finland’s national digital infrastructure strategy of providing a minimum of 100 Mbps internet connections to all households by 2025.

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