CitéFibre acquired by Iliad
Summary
Iliad acquired CitéFibre, a Paris-based fiber-to-the-home operator. CitéFibre serves private customers, independent professionals, and small businesses. The company had already connected about 500 customers and held rights to connect 8,000 households. Iliad did not disclose the transaction amount, but confirmed an agreement with Nicominvest, CitéFibre’s majority shareholder. This deal expands Iliad’s fiber network presence in Paris and strengthens its broadband footprint.
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