To address the challenge of Digital Transformation in the UK, Axione supported by its shareholders; Bouygues Energies and Services and Vauban Infrastructure Partners, has created Axione Fibre, a company dedicated to deploying and operating a full-fibre network targeting suburban and rural areas to help bridge the digital divide.
Axione will design, build and operate a wholesale full-fibre network. This £300 million investment raised along with third party equity partners is the first phase of a large-scale project aiming to reach 4 million premises throughout the UK.
Axione has a long history of successfully deploying and operating digital infrastructure assets. Axione was a pioneer in the deployment of full fibre networks in France operating under an open-access model. This success resides first and foremost in a philosophy based on developing essential digital infrastructure to support local social and economic transformation.
Pierre Vanstoflegatte, MD of the Bouygues Construction Energies and Services Division, Chairman of Bouygues Energies and Services and President of Axione, said: “In all the countries in which we operate, we want to do more to deliver essential resources to local and regional communities, helping them to forge their future. Digital infrastructure forms the basis of this value-creating Digital Transformation.”
Axione will be able to rely on its shareholders’ experience, know-how and financial strength to achieve this major project alongside building on Axione’s industrial and commercial expertise backed by Bouygues Group and Vauban Infrastructure Partners, an affiliate of Natixis, a major investment management company in the infrastructure space.Click below to share this article