The company did not disclose the amount of the operation. In recent months, the press has mentioned an operation worth at least one billion euros for this subsidiary owned by TDF and the Banque des Territoires.
The TDF group has finalized the sale of its entire fiber internet activity to the Dutch investment fund CVC DIF (formerly Dif Capital Partners), these two entities announced on Monday in a joint press release with Banque des Territoires.
In September 2023, TDF indicated that it wanted to sell this activity to concentrate on its two other businesses, namely television and radio broadcasting – an activity dating from its creation in 1975 as a public establishment – and telecom towers, a field in which the group diversified from the 1980s.
Questioned by AFP, the company did not communicate the amount of the operation. In recent months, the press has mentioned an operation of at least one billion euros for this subsidiary owned by TDF at 79.5% and Banque des Territoires (an entity of the Caisse des Dépôts group) at 20.5%.
Four fiber optic networks in the regions
TDF Fiber operates four public initiative networks under concessions, notably in Val-d'Oise and Anjou, as well as its own network in Yvelines.
“CVC DIF’s investment will allow the company to continue to put its skills at the service of local authorities, users and businesses. TDF Fiber will also be able to explore new growth opportunities in its current territories and beyond,” according to the press release.
Founded in 2005 and based in the Netherlands, CVC DIF is a fund manager managing some €19 billion in assets, notably in the energy transition, transport and digital sectors.
