Spanish wholesale fibre-optic broadband provider Onivia has announced plans to expand its service footprint to an additional 500,000 premises, offering users the latest XGS-PON technology which enables symmetrical speeds of up to 10Gbps. With an initial focus on high-density population areas in the Levante region, Onivia hopes to attract ISPs and businesses as it bids to increase its current reach of 3.6 million dwellings passed. In the next phase, the company is targeting 4.1 million homes passed by end-2023 helped by backing from shareholders that include Macquarie Capital, Arjun Infrastructure Partners, Aberdeen Standard Investments and Daiwa Energy & Infrastructure Co.
In a press release release, Onivia said: ‘[The] open fibre network promotes competition in the market by enabling access for a greater number of local and regional operators. Bringing ultra-fast networks to rural areas will contribute to stimulating business activity in these regions.’