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LONDON: The owners of Britain's Virgin Media<\/a> O2 have joined forces with French investment firm InfraVia Capital Partners<\/a> to plough around 4.5 billion pounds ($5.5 billion) into a new fibre broadband joint venture, increasing direct competition with BT<\/a>.
Virgin's owners Liberty Global and Spain's Telefonica<\/a>, plus InfraVia, said the network would cover around 7 million premises across the UK, in areas not already covered by the existing Virgin Media network, and offer wholesale access to other broadband providers.
BT has long provided the main wholesale network in Britain, giving access to the likes of TalkTalk<\/a> and Sky<\/a>. BT is ploughing billions of pounds into its network, extending its fibre offering to 25 million premises by end-2026.
Virgin Media O2 CEO Lutz Schuler said the new JV network combined with an upgraded Virgin Media network would potentially offer gold-standard fibre connections to 23 million premises by 2028.
\"We will have two nationwide fibre networks,\" Schuler said in an interview. \"I think that's fantastic for the UK.\"
Britain, which has lagged most other European countries in the super high-speed network race, is aiming for nationwide full-fibre broadband coverage by 2033 in an attempt to boost economic growth.
It hopes 15 million premises will have full-fibre broadband by 2025.
Friday's investment announcement knocked BT's shares to a session low. By 1123 GMT, the stock was down 1.4%, lagging the main index, after falling as much as 4.4% earlier.
Virgin Media's owners said the new network would be available to 5 million homes that are not served by the current Virgin Media O2 network by 2026, with an opportunity to expand to an additional 2 million homes.
The deal will include 3.3 billion pounds of fully underwritten financing commitments and up to 1.4 billion pounds in equity commitments, the groups said.
Schuler said the company was in discussions with broadband providers such as Sky, Vodafone<\/a> and TalkTalk about wholesale access, which would be offered across the new network and Virgin Media's existing footprint.
He said wholesale deals were \"like a marriage\", lasting a decade or more, so the company wanted to get them right, saying it will take the time needed instead of rushing into them.
He declined to comment on reports that Virgin Media O2 was in talks about acquiring TalkTalk.
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英国维珍媒体O2所有者建立批发纤维网络
维珍的业主自由全球和西班牙电信,加上InfraVia表示,网络将覆盖约700万前提在英国,所覆盖的地区现有的维珍媒体网络,并提供批发访问其他宽带供应商。
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伦敦:英国的主人维珍媒体O2已加入法国投资公司InfraVia Capital Partners试探45亿英镑(55亿美元)到一个新的光纤宽带合资企业,增加直接竞争英国电信。
维珍的业主自由全球和西班牙西班牙电话公司加上InfraVia说,该网络将覆盖约700万前提在英国,所覆盖的地区现有的维珍媒体网络,并提供批发访问其他宽带供应商。
BT一直在英国主要批发网络,提供给访问等TalkTalk和天空。英国电信注入数十亿英镑的网络,其纤维提供延伸到2500万年底前提- 2026。
Virgin Media O2 CEO Lutz舒勒表示,新合资公司网络结合升级维珍媒体网络可能会提供标准的纤维连接到2028年2300万的前提。
“我们将有两个全国性的光纤网络,”舒勒在接受采访时表示。“我认为这是很棒的英国。”
英国,落后于其他欧洲国家在超级高速网络竞赛中,目标是在2033年全国full-fibre宽带覆盖率,以刺激经济增长。
它希望在2025年1500万年前提将full-fibre宽带。
星期五宣布的投资了英国电信的股票日低。1123 GMT时,股票下跌了1.4%,滞后的主要指标,之后下降多达4.4%。
维珍媒体的所有者说,新的网络将提供给500万户家庭,不是由当前Virgin Media O2网络,到2026年,有机会扩大到一个额外的200万个家庭。
这笔交易将包括33亿磅的完全承销融资承诺和14亿英镑的股权承诺,组织说。
舒勒说,该公司是在讨论与宽带提供商如天空,沃达丰(Vodafone)和TalkTalk批发访问,这将是提供新的网络和维珍媒体现有的足迹。
他说批发交易是“婚姻”,持续十年或更长时间,所以公司想让他们正确的,说它将所需的时间,而不是冲进去。
他拒绝评论报道,Virgin Media O2在谈到收购TalkTalk。
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