Sonaecom, a competitive carrier in Portugal, is joining Europe's thickening fiber-to-the-home crowd. The service provider said it plans to invest about $354 million to build an FTTH network that will reach about 25% of the country's population over the next three years. It will be the first major FTTH network in Portugal, and Sonaecom already has pledged that it will be an open access network.
Sonaecom, which currently has about 800,000 wholesale and retail wireline customers and about 240,000 DSL customers, actually tried and failed last year to acquire incumbent telco Portugal Telecom. Light Reading Europe notes that as FTTH action is increasing in Europe, it is usually the alternative carriers like Sonaecom that are taking the plunge first.
For more:
- check out this coverage at Light Reading Europe
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