'What's this, boss?'
It's a PR email from Vauban.
'Oh dear.'
Ha!
Never mind.
Anyway ...
Bouygues Telecom and Vauban Infrastructure Partners announce the closing of a new strategic agreement to further accelerate the optical fiber deployment in France, in medium dense areas (AMII/AMEL) and less dense area (RIP).
Rest in peace?!?! I'm sure it's not that bad!
Vauban Infrastructure Partners ("Vauban"), through its digital investment platform Vauban Infra Fibre ("VIF"), and Bouygues Telecom are pleased to announce today that all documentation required to the execution of the strategic agreement announced earlier this year was signed on April 6, 2022. This project will enable to finance the access to approximately 20 million FTTH premises by 2027, including 4 million in medium-density areas and 16 million in low-density areas.
Will enable to finance? Fair enough. 'Was that Lucky?' We haven't got to Lucky yet, Voice.
VIF will be the majority shareholder of the newly created company dedicated to -
No, forget all that.
Here is the great man himself!!! -
Paris April 25 th20 22 Bouygues Telecom and Vauban Infrastructure Partners announce the closing of a new strategic agreement to further accelerate the optical fiber deployment in France in medium dense areas AMIIAMEL and less dense area RIP Vauban Infrastructure Partners "Vauban!!!" through its digital investment platform Vauban Infra Fibre "VIF"!!! and Bouygues Telecom are pleased to announce today that all documentation required to the execution of the strategic agreement announced earlier this year was signed on April 62 0 22 this project will enable to finance the access to approximately 20 million FTTH premises by 2027 including 4 million in medium density areas and 16 million in low density areas VIF will be the majority shareholder of the newly created company dedicated to the project SDFAST Société de Développement de la Fibre Au Service des Territoires the purpose of SDFAST is to acquire long term access rights IRU to FTTH lines from infrastructure operators the company will contribute to the co financing of optical fiber deployment in France it will provide FTTH line access services to Bouygues Telecom these services will also be offered to third party operators with this new operation Bouygues Telecom secures its FTTH access across all French territories very dense!!! area AMII AMEL and RIP in parallel VIF is strengthening its presence in RIP and AMII areas this partnership strengthens the collaboration between Bouygues Telecom and Vauban which was initiated in recent years with two projects already carried out together city fast launched in 2018 which now covers around 3 4 million premises in very dense areas SDAIF Société de Développement pour l Accès à l Infrastructure Fibre launched in 2020 to cover the medium dense areas deployed by orange over a perimeter of approximately 13 million premises through the acquisition of long term access rights this transaction relies on VIFs significant experience in the field of fiber deployment in addition to the SDAIF offer SDFASTs one stop solution provides for Bouygues Telecom and third party operators long term access to all medium and low dense areas with the same partner and the benefit of both a complete service offer and optimal operational efficiency this operation accelerates FTTH network deployment and thus provides very high speed access to the largest number of people as part of the France Very High Speed Plan Christian Lecoq Chief Financial Officer of Bouygues Telecom comments Bouygues telecoms objective is to offer the same quality of services to all its clients wherever they are based this new partnership will enable Bouygues Telecom to contribute to the financing of FTTH quick deployment across all French territory notably in rural areas with this operation Bouygues Telecom finalize the reinforcement over the long term of its cost control on the access to all AMII and RIP areas we are pleased to continue our trust based partnership with Vauban Infrastructure Partners with whom we already built on rock and roll solid partnerships through CityFast and SDAIF for the access to FTTH premises Gwenola Chambon CEO and co founder of Vauban Infrastructure Partners adds in the wake of city Fast!!! and SDAIF projects we are pleased to strengthen our partnership with Bouygues Telecom by developing new common projects the Vauban IP team can be proud itself to have paved the way for digital investments in France over the past 12 years we have considerably developed our digital investments and this sector represents one of our pillows of expertise as a long term investor this transaction is fully in line with Vaubans strategy to capitalize on strong relationships with our historical industrial partners C2 Internal Natixis Steve Ledoux head of Vauban Infra Fibre also comments this landmark transaction enables Vauban Infra Fibre to become the first independent broadband platform to offer broadband access throughout France through its various subsidiaries this national coverage and the success of our partnership with Bouygues Telecom suggest an optimistic outlook for the fibre market in France in this transaction Vauban is advised by CACIB M&A financial Clifford Chance legal Analysys Mason commercial EY tax and audit model Aon insurance Bouygues Telecom is advised by BDGS legal eight Advisory financial and Darrois Villey Maillot Brochier Antitrust the External!!! financing required for the acquisition of the IRUs rights has been wholly subscribed by Cacib the Syndication!!! process to both banks and institutional lenders is ongoing CACIB is advised by White & Case legal about??? Bouygues Telecom as a global communications operator Bouygues Telecom stands out by providing the best of digital technology to its 26 2 million customers every day the excellence of its 5G and 4G network which now cover more than 99 % of the population and its Fixed and cloud services enable its customers to simply and fully enjoy their personal and professional "digital lives" wherever they are through its Business Division Bouygues Telecom supports a community of professionals and businesses in the widespread adoption of Fixed and Mobile Very High Speed and new uses such as unified communications and business mobility services a propos de Vauban Infrastructure Partners et Vauban Infra Fibre Vauban Infrastructure Partners is a leading Infrastructure Asset Manager focused on the European core infrastructure investments headquartered in Paris it employs 57 professionals who have been working together for a decade Vauban is the fully fledged affiliate of Natixis Investment Managers dedicated to sustainable infrastructure equity investments Vauban targets predominantly European brownfield midmarket assets pursuing a long term-yield driven strategy matching the underlying nature of assets and long term commitment to all stakeholders interests through a strong focus on creating sustainable value as of now Vauban Infrastructure Partners has raised c €6 5 billion across 5 funds in core infrastructure from over 70 investors within 15 different countries and has invested in over 65 assets in mobility energy transition social 1 digital infrastructure across 11 different geographies THE CREATION Vauban Infra Fibre follows the implementation of a specialized digital investment strategy more than ten years ago Vauban was the first management company to enter the fiber market in France and it is now one of the major investors in the digital infrastructure sector in France and abroad since 2009 funds managed by Vauban IP CIF I CIF II CIF III BTP IL et FIDEPPP2 have invested in more than 20 digital infrastructures representing a total of nearly
Lucky?
Lucky?
'He's run out of words, boss.'
Well, well ... that hasn't happened before, has it? I normally have to stop him.
'Maybe he's learning.'
Learning what, Voice?
'Always leave them wanting more.'
Ha, ha, ha!
I didn't want any of it, frankly.
ENDS
ENDS
ENDS
...
Anything else?
There's nothing else.
Just nothing.
Be thankful.
