Onivia, the wholesale fiber optic operator, has taken a giant step in its consolidation as the third most important fiber network in Spain. With a recent strategic acquisition, the company positions itself as a competitive alternative to traditional market operators.
Massive Expansion: 6 million new households
In a bold move supported by its shareholders, Onivia has formalized the purchase of a network that spans 6 million households in 12 Spanish provinces. This acquisition, which includes areas in Madrid, Segovia, Murcia, Castilla-La Mancha, Ávila, and the Valencian Community, marks a significant milestone in the company’s growth strategy.
Cutting-Edge Technology: XGSPON
The new network acquired by Onivia will predominantly implement the next-generation XGSPON standard. This technology will enable operators to offer their customers symmetrical speeds of up to 10Gbps, representing a qualitative leap in the quality of internet service.
Democratization of high-speed internet access
Jose Antonio Vázquez Blanco, CEO of Onivia, highlighted the importance of this acquisition: “With the integration of this new network, Onivia confirms its position as the leading neutral and independent wholesale operator in the Spanish market.” The executive also noted that this step is crucial in the company’s long-term strategic plan, which aims to create value propositions for companies in sectors such as energy, home security, and the Internet of Things (IoT).
Market Impact
With this expansion, Onivia solidifies itself as the top choice for operators looking to provide internet services. The company now has a network that surpasses 10 million households, available for commercialization under a wholesale access model open to all operators.
This strategic move not only strengthens Onivia’s position in the market but also promises to foster competition and development in the telecommunications sector in Spain, ultimately benefiting end users with faster and more efficient internet services.
Source: Onivia