AMSTERDAM — Altice Europe N.V. announced the creation of Fastfiber (formerly known as Altice Portugal FTTH), a FTTH wholesaler in Portugal with 4 million FTTH homes passed at year-end 2019. Fastfiber comprises of all MEO’s fiber assets in Portugal including FTTH and dark fiber.
Fastfiber is the result of a partnership that follows the successful completion of the transaction announced in December 2019 of Morgan Stanley Infrastructure Partners’ acquisition of a 49.99% stake in Fastfiber. Fastfiber will sell wholesale services to all operators at the same financial terms.
MEO will sell technical services to Fastfiber for the construction, maintenance and subscriber connection to the fiber network.
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