NGN and Eurofiber announce partnership to build a leading B2B fiber infrastructure platform in Germany
Leading B2B Dutch and German fiber network operators cooperate on long-term partnership to expand and provide open access fiber connectivity across Germany
NGN is a leading German dark fiber provider owning and operating a unique and extensive nationwide long-haul and metropolitan fiber network across 52 cities including Munich, Leipzig, Halle, Frankfurt, Hamburg, Erfurt and Berlin. Eurofiber is a leading digital infrastructure operator providing smart, open, future‐proof network infrastructure on an open access basis to telecom operators, companies, government bodies and nonprofit organizations with its 38,000 km fiberoptic network across The Netherlands, Belgium, France and stretching into Germany.
Together, NGN and Eurofiber will seek to accelerate the expansion of NGN’s already extensive network in order to address increasing demand for fiber infrastructure with a nationwide network to be accessible to all German telecom operators, other network operators, multi-national corporations and enterprises in an open and non-discriminatory manner.
Marco Weigand, founder of NGN commented: “With Eurofiber we found the right partner to commercialize NGN’s unique network infrastructure and bring the company to the next level. We are very excited and look forward to working together with Eurofiber’s first-class team to service our current and future customers with an enhanced product offering.”
Alex Goldblum, CEO of Eurofiber: “Our partnership with NGN fits perfectly with our ambitions to play a role upgrading the telecom infrastructure in Germany. Combining NGN's unique network with Eurofiber’s experience in bringing open access networks to the market, we have found the perfect match that will allow customers to freely chose service providers and in many cases stay with their existing service provider, whilst benefiting from the infrastructure provided by Eurofiber”. Hans Lehmann, Managing Director of Strategy and Corporate Development at Eurofiber added: “With NGN and Marco Weigand, we’ve found the ideal partner with a shared vision for our long-term ambitions in Germany.”
The intended partnership is subject to customary regulatory approvals in Germany.
Goldman Sachs Bank Europe SE and Freshfields Bruckhaus Deringer Rechtsanwälte Steuerberater PartG mbB are acting as exclusive financial and legal advisors to NGN respectively. Perella Weinberg Partners and Latham & Watkins LLP are acting as financial and legal advisors to Eurofiber respectively.
About NGN Fiber Network KG
NGN is a leading dark fiber provider in Germany that operates and owns a highly strategic fiber network, covering a substantial portion of Germany. NGN serves MNOs, carriers, DCs and FttH operators with dark fiber turn-key solutions as well as FttH/FttC roll-out projects.
Eurofiber has been a provider of industry-leading open digital infrastructure since 2000. Utilizing our own fiberoptic network and datacenters, we provide smart, open, future-proof infrastructure to telecom operators, companies, government bodies and non-profit organizations. With its infrastructure, Eurofiber enables total connectivity for the Smart Society, with a 38,000 km fiberoptic network in The Netherlands, Belgium and France and stretching into Germany. Eurofiber also operates datacenters in the Netherlands and France through Dataplace, Eura DC and Fullsave.
Eurofiber Group consists of: Eurofiber and DCspine (The Netherlands and Belgium), Dataplace and MatrixMind (The Netherlands), Eurafibre, Fullsave, Lumos, ATE and Eura DC (France).
Eurofiber is backed by its shareholders Antin Infrastructure Partners, a long-term infrastructure investor and the PGGM Infrastructure Fund, part of PGGM Investment Management.