Bluevía, the fiber operator owned by Telefónica and the consortium formed by Crédit Agricole and Vauban, has achieved the deployment of 4.5 million real estate units (homes and commercial premises), representing more than 90% of the commitment target of exceeding 5 million by the end of the year in 2024.
According to company sources, ‘Fiberco’ led by Telefónica already has a fiber network of more than 60,000 kilometerswith present in more than 3,500 cities in 48 provinces. Bluevia This primarily includes populations of less than 20,000.
In addition to its own fiber applications, Bluevía is also making progress in its growth with incorporation of new assetsas recent acquisition of Excom’s FTTH network in several cities in Andalusia.
Within Telefónica’s strategy, Bluevía is consolidating its consolidation as an important part of Telefónica Infra’s fiber-to-the-home portfoliowhich also has fiber vehicles in Germany, the UK and Brazil.
Telefónica announced the creation of Bluevía in July 2022, based on an initial footprint of 3.9 million real estate units acquired from Telefónica Spain, according to Servimedia.
In December 2022, Telefónica announced the sale of 45% of its company to the Credit Agricole and Vauban consortium for 1.021 million euro. 55% of Telefónica Group shares are distributed through Telefónica España and Telefónica Infrawith participation of 30% and 25% respectively.
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