Yet another example of investments other than from telcos building out infrastructure.
The pan-European investment house Primevest Capital Partners (Primevest CP) and partners GFS, gustav and Westenergie/Westnetz are investing €6 million to extend the fibre optic network across the parts of the German town of Hüllhorst in North Rhine-Westphalia that lack coverage.
Construction started in early November and will take about 10 months. They say the extension is made possible by sharing underground ducts that are already installed across the municipality, the result of a previous agreement between Westnetz and gustav/Westenergie.
The ducts connect the districts of Oberbauschaft, Struckhof, Ahlsen and parts of Tengern and Büttendorf, to the fibre optic infrastructure.
Marketing ahead of construction marketing has resulted in more than 40% of homeowners signing up to secure free connection to the new network.