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Telefónica, Telefônica Brasil and CDPQ Create FiBrasil, a Neutral Fibre Wholesale Network Provider in Brazil
March 2, 2021 GMT
Combination between CDPQ’s infrastructure investment expertise and Telefónica’s capabilities in deploying and operating fibre networks
Telefónica Group and CDPQ will each hold 50% under a co-control governance model
Independent open-access wholesale operator will be focused on deploying fibre in selected cities in Brazil, with Telefônica Brasil as anchor client
Committed to accelerating fibre-to-the-home coverage by expanding the initial footprint of 1.6 million Homes Passed to 5.5 million over a 4-year period