Joint VentureJun 10, 2026, 06:21 AM
Vodafone Greece & PPC Group Propose Fibre JV
AI Summary
Vodafone Greece and PPC Group have entered into heads of terms to create a potential 50:50 joint venture comprising their respective fibre to the home (FTTH) networks and wholesale fibre businesses in Greece. The combined network currently covers over 1.6 million homes, with the JV intending to offer wholesale open access to internet service providers. The transaction is contingent upon due diligence, final agreement on documentation, and customary conditions including regulatory approvals, with no certainty of completion at this stage.
Key Highlights
- Vodafone Greece and PPC Group are forming a 50:50 joint venture for their fibre to the home (FTTH) networks and wholesale fibre businesses in Greece.
- The combined fibre businesses currently cover over 1.6 million homes.
- The JV aims to provide wholesale open access to internet service providers in Greece.
- The formation of the JV is subject to due diligence, agreement on binding documents, and regulatory approvals.
Price Impact
More from VOD