Clifford Chance LLP

04/07/2021 | News release | Distributed by Public on 04/07/2021 02:57

Clifford Chance advises KKR and DTCP on the launch of Open Dutch Fiber and a strategic agreement between Open Dutch Fiber and T-Mobile Netherlands

Clifford Chance advises KKR and DTCP on the launch of Open Dutch Fiber and a strategic agreement between Open Dutch Fiber and T-Mobile Netherlands

Clifford Chance advises Kohlberg Kravis Roberts & Co. LLP ('KKR') and Deutsche Telekom Capital Partners ('DTCP') on the launch of Open Dutch Fiber and a strategic agreement between Open Dutch Fiber and T-Mobile Netherlands.

Open Dutch Fiber, an independent platform majority owned by KKR and with DTCP as minority shareholder, will deploy Fiber-to-the-Home (FttH) broadband in the Netherlands across urban and higher population density areas, delivering high-quality fiber connections to Dutch households and businesses. To support the rollout, Open Dutch Fiber has signed an agreement with T-Mobile Netherlands, the leading mobile operator and FMC challenger in the Netherlands. T-Mobile Netherlands will be the anchor tenant for Open Dutch Fiber with a 20-year agreement.

This transaction builds on Clifford Chance's experience advising financial investors, with an increased focus on tech, telecoms and digital infrastructure. The Clifford Chance team consisted of Jan-Hendrik Horsmeier, Andrei Mikes, Dirk Berendsen, Merel Vermolen, Bart van Hattum (Corporate), Mark Fisher (London - TMT), Liesbeth Buiter, Lotte de Bruin, Joris Dortmans (Projects), Stern Flik (Tax), Mark-Jan Arends, Serkan Özel, Zoë van den Broek (Notary), Dirk-Jan Duynstee, Katelijne de Smet, Tiemen Drenth (Litigation), Folko de Vries, Amin Tamaddoni and Shaun Campbell (FMG).