Teras closes deal with Asterion for its second rural fibre investment vehicle in Spain: Olin Group
The Spanish telecommunications infrastructure manager, with operations in several European countries, has closed a deal with Teras for the acquisition of several local operators in Spain. Teras, in addition to participating in the investment, will use its knowledge and experience in the sector to take advantage of the opportunity for consolidation. The agreement involves the creation of a joint vehicle for the execution of a first group of acquisitions.
Olin Group enters a competitive and highly specialized market in which the financial capacity and the knowledge of Asterion and Teras of this sector can place them in a position of clear advantage in the achievement of the best operations.
Asterion’s and Teras’ financial strength and knowledge can give them a clear advantage in securing the best deals in this sector.
More news
Olin Group signs the acquisition of the Murcian operator Fibranet
With the purchase of the Murcian firm, it adds 150,000 covered households and aims to reach 1.8 million homes.
Teras and ICG acquire Avatel’s data center business
Avatel, the fifth-largest telecommunications operator in Spain, has sold its data center business to Teras Capital and Intermediate Capital Group (ICG).
Teras Capital Joins Forces with BME to Invest in OpenBrick RE and Innovate Real Estate Financing
We are pleased to announce Teras’ involvement in OpenBrick, an innovative platform developed in collaboration with strategic partners such as Bolsas y Mercados Españoles (BME), Grupo Lar, Renta 4 Banco, ioBuilders, and Garrigues.
Madrid City Council gives the green light to the City of Sport
The first Wave Garden for surfing promoted by Teras, will be established there.