The Dutch incumbent KPN and investor APG have agreed to expand the Glaspoort fibre network still further.
According to KPN, Glaspoort announced earlier this year that it would invest more than €1 billion in the accelerated construction of approximately 1 million fibre connections in villages, small residential areas and on business parks. Now another 170,000 connections will now be added, bringing Glaspoort’s total to around 1.2 million connections in the Netherlands by 2026.
Commenting on the development, KPN CFO Ferry Niers said: “The 170,000 extra connections are a nice addition to our strong growth ambitions, but above all good news for consumers, who can therefore have a super-fast, reliable and sustainable internet connection via Glaspoort much sooner. With this extra investment we contribute to the accelerated digitisation of the Netherlands and digital services and solutions for mobility, healthcare and work are becoming available to more and more consumers and companies. We are opening the gate to the digital future even further!”
Since its establishment last June, Glaspoort, which is a 100% Dutch joint venture between KPN and APG (the executive organisation of pension fund ABP), has started various roll-out projects in villages and centres, the roll-out is on schedule and 19 service providers have now connected to the open network. The installation of fibre on industrial estates will start in Q1 2022.
