T-Mobile, Primevest Capital Partners and VolkerWessels Telecom start city-wide its fiber rollout in The Hague

Richard de Mos, alderman for Economic Affairs, Sport and Public Space: “The municipality of The Hague is extremely happy with this fruitful cooperation. The consortium will bring our city a state of the art digital infrastructure that will benefit our citizens as well as our businesses. The city-wide rollout of Fiber-to-the-home will realize good digital connectivity for all the citizens in The Hague. The new fiber network is distinctive from other initiatives, as it is ready for all thinkable future applications and will offer open access to third parties. We expect this to boost innovation in telecommunications services in our city.”

Promise to The Hague
In January of this year, T-Mobile Netherlands merged with Tele2 Netherlands. A merger that was cleared by the European Commission without remedies. Søren Abildgaard, CEO: “With this merger, we have created the strongest possible challenger in the duopolistic Dutch telecommunications market. During the approval process by the European Commission, we made it very clear that this merger will strongly benefit Dutch consumers. To prove this we made them five hard promises. With the new consortium, we deliver on our promise to roll out fiber networks. Starting right here in The Hague, where our headquarters are located. The partnership with Primevest and VolkerWessels Telecom allows consumers to benefit from high quality, high speed fiber networks and offering ultrafast Internet and a rich TV content portfolio at very attractive prices.”

Benefits for all stakeholders
Primevest Communication Infrastructure Fund invests in passive communication network assets. They provide long term access to telecom providers that support an open access investment strategy. Bas van Dongen, Partner at Primevest: “We believe this leads to a higher utilization rate of the network, which is beneficial to all stakeholders. End users benefit from attractive pricing, telecom providers benefit from attractive network access pricing and the investors benefit ultimately from the higher utilization rate.. By future-proof and innovative rollout approach, construction works can be kept to a minimum. With T-Mobile, we have a strong partner in business supporting our investment philosophy.”

Enabling connectivity
Wido van de Mast, CEO of VolkerWessels Telecom: “We are very excited to be working together with T-Mobile, Primevest Capital Partners and the municipality of The Hague on deploying a state-of-the-art FttH network in The Hague. This cooperation aligns with our ultimate goal of enabling total connectivity and contributing to people’s quality of life. VolkerWessels Telecom acts within the consortium as a full turnkey contractor. In this role, we combine years of experience in the telecom market with innovative solutions and technical professionals.”