T-Cell Netherlands, KKR to Make investments 700 Million Euros in Fibre Optic

The mission goals to succeed in 1 million households inside 5 years, it mentioned.

T-Cell competes in opposition to KPN and VodafoneZiggo within the Netherlands.

In March, KPN introduced a 440 million euro partnership with pension fund big ABP to hurry up its fibre optic rollout, concentrating on prospects in under-served areas.

KPN, which says it already reaches one third of the Netherlands’ 8 million households, plans to succeed in one other 2.5 million by 2026.

(Reporting by Toby Sterling; modifying by Jason Neely)