Bluevía is a network operator that offers wholesale FTTH access and other connectivity services through fibre technology, in selected areas of Spain.
Telefónica Group holds a 55% majority controlling stake in Bluevía (30% through Telefónica España and 25% through Telefónica Infra), and the consortium formed by Vauban Infrastructure Partners and Crédit Agricole Assurances own the remaining 45%. This consortium acquired its participation for a total consideration of €1,021 million in cash paid at the closing of the transaction which renders a €2.5 bn valuation for 100% of Bluevia.
The deal was closed in December 2022 and the company is fully operational. Bluevía currently has 4.8 million premises passed and will expand its network to 5 million by the end of 2024.
Bluevía contributes to the development of smaller towns (rural and semi-rural areas of Spain, with less than 20,000 inhabitants) by deploying fibre to reduce the digital divide through a technology that decrease the environment impact and CO2 footprint.
It leverages the Telefónica Group’s experience in deploying and operating high-speed FTTH networks, serving multiple internet service providers across its footprint, including Telefónica España.
