NEWS
Onivia was established in 2019 as Spain’s first independent wholesale fibre network operator
Digi Spain has announced that is has sold 6 million fibre-to-the-home (FTTH) accesses to wholesale fibre provider Onivia for €750 million.
This acquisition marks a significant expansion for Onivia, which is owned by a consortium comprised of Macquarie Capital, Abrdn, and Arjun Infrastructure Partners, increasing the network operator’s FTTH coverage to approximately 10 million Spanish households, over a third of the market.
Digi Spain’s network currently serves around 4.25 million homes, with plans for further expansion to cover an additional 1.75 million homes over the next three years. This expansion initiative is projected to extend the network’s reach to a total of 6 million homes, spanning across twelve provinces in key regions including Madrid, Segovia, Avila, Castilla-La Mancha, Comunidad Valenciana, and Murcia.
As part of the agreement, Onivia has secured the option to acquire any future fibre rollouts from DIGI within these provinces.
Digi Spain will retain access to the FTTH network as an anchor tenant and will continue to serve its current customer base. Simultaneously, the network will be opened up to all other Onivia ISP customers, allowing for increased competition in the market.
“With this acquisition, Onivia confirms its position as largest neutral and independent player, enhancing the value-added proposal for our telco customers, increasing coverage, and offering latest XGS-PON technology,” said Onivia’s CEO Jose Antonio Vázquez Blanco in a press release.
The transaction is still subject to standard regulatory approval, which includes Foreign Direct Investment (FDI) clearances in Spain and European Commission merger control.
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