The Polish government is set to award Nokia and Infracapital with a contract to build and operate a fibre broadband network.
The joint venture between the Finland-based vendor and the infrastructure investment arm of M&G Investments – split 80:20 in favour of Infracapital – has been selected as a preferred bidder for the contract.
Should they clear the remaining, unspecified contractual hurdles, Nokia will be charged with building a network in 13 regions across Central and Northern Poland.
The parties have set aside capex of around €300 million for the GPON-based network that will pass more than 400,000 premises.
Work is slated to start this summer and, once built, the network will be available to third parties via a wholesale open access model.
The contract is part of the EU-backed Digital Poland programme, which aims to rollout fast fibre broadband across the country by 2020.
According to data from the FTTH Council Europe, 2.5 percent of premises in Poland had access to FTTP/B technology in September 2016. The EU average is 9.4 percent.
Andy Matthews, Greenfield Director at Infracapital, said: “We are thrilled to be working with Nokia, a key strategic partner in Poland, to deliver this essential infrastructure across the country, and look forward to working with them to bid on further opportunities, including those that arise from the Digital Poland programme.”
Infracapital also works with Gigaclear in the UK and Dutch tower operator Alticom.