Digi Communications NV sells part of its Spanish fiber networks to Macquarie Group for €750M to fund expansion.
Digi Communications NV agreed to sell part of its fiber networks in Spain to a consortium led by Macquarie Group Ltd for €750M to fund its expansion plans. Digi will transfer its network in 12 Spanish provinces to the Macquarie-led group. The proceeds will be used for Spain investments, including buying spectrum worth €120M, and expanding its network to cover 6 million homes over three years. The sale is subject to regulatory approvals.
April 05, 2024
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