FastFiber

📍 Alcântara, Portugal🗓 Founded 2020👥 32 employees💰 Last funded Apr 2020
FastFiber is the biggest wholesale optical fiber provider, with the largest fiber network in Portugal. FastFiber resulted from a partnership between PT Portugal, SGPS, S.A (50.01%), an entity part of Altice Portugal, and MDN Senior Holding S.A. (49.99%), an entity part of NHIP III, managed by Morgan Stanley Infrastructure Partners, comprising its network all the fiber assets that belonged to Altice Portugal. In October 2022, we acquired the exclusive control of Fibroglobal, an active operator in the management, operation, and maintenance of high-speed electronic communications networks, in low density areas of Central Portugal and Azores, which resulted in an increase in the group's network coverage, reinforcing its positioning as Portugal’s main fiber operator. We focus on providing future proof fiber infrastructures to national and international operators, enabling them to develop their networks and to provide better services to their end customers, both in the consumer and business segments. With more than 5,6 million homes passed (considering also Fibroglobal Network), our main goal is to increase our national network coverage, leading Portugal to be the first country in Europe to have full optical fiber coverage, keeping up with the constant evolution of communication services, including the 5G mobile networks.
1
Total investors
1
Early stage
0
Mid stage
0
Late stage
2020
Founded
Investor geography1 country
Portugal
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Frequently asked questions
Who invested in FastFiber?
FastFiber has 1 investors on record on gritt.io, including 1 early-stage backers.
When did FastFiber last raise funding?
The most recent investment in FastFiber recorded on gritt.io was in April 2020.
When was FastFiber founded?
FastFiber was founded in 2020.
What industry is FastFiber in?
FastFiber operates in Telecommunications. Find similar Telecommunications investors on gritt.io.
Where is FastFiber based?
FastFiber is headquartered in Alcântara, Portugal.