More than 25,000 households in The Hague get internet of 1 Gigabit

On May 27, 2020 T-Mobile Netherlands announced, together with Primevest Capital Partners, it will connect 25,000 households to a new fibre network in the residential area Loosduinen, in the city of The Hague. Preparations will start in June and construction will start in August. The project is in line with T-Mobile’s strategy to connect at least 100,000 households in the Netherlands to fiber optics this year. Construction will be performed by preferred partner VolkerWessels Telecom.

The roll-out is planned for areas where there is no fiber optic at the moment. In this way, the telecom provider gives more Dutch people access to the internet at a speed of at least 1 Gigabit per second (Gbps), at the lowest possible price. In combination with an unlimited mobile subscription, customers pay only 25 euros per month for this super-fast internet at home. The first users will be connected later this year. A special feature of the network in Loosduinen is that half of the connections are meant for rental homes. There is close cooperation with the city of The Hague.

T-Mobile also opens this new network to all competitors on very attractive terms.  T-Mobile and Primevest only install optical fiber in places where there is no optical fiber yet. The construction fits with T-Mobile NL’s plan to connect at least 100,000 households in the Netherlands to fibre this year together with partner Primevest Capital Partners.

Great ambition for the coming years
The provider aims to provide fibre services to hundreds of thousands of addresses over the coming years. The two partners have already installed a first fibre network with around 32,000 connections in the Segbroek neighbourhood of The Hague. The unique cooperation between the Netherlands T-Mobile and Primevest Capital Partners enables exploitation of the network at very attractive conditions. The construction in Loosduinen is done by preferred partner VolkerWessels Telecom. An innovative construction method, introduced earlier in Segbroek, which allows construction up to 5 times faster while causing less inconvenience to the surrounding area will be used.

About Primevest Capital Partners
Primevest Capital Partners is a pan-European investment boutique that specializes in innovative real estate and property investments. Due to the extensive industry knowledge with a focus on specialized investment sectors such as parking, telecommunications and affordable, contemporary living, Primevest Capital Partners has developed into a leading provider in these areas. Our top priority is to achieve attractive risk-adjusted returns for our customers. In doing so, we pay attention to sustainable income and value creation. Primevest Capital Partners currently manages assets of 1.6 billion euros, spread across eight sector-specific funds and two individual institutional mandates. Primevest Capital Partners currently has 40 employees at its locations in Utrecht and Berlin.

For more information, please contact:
Lisette van der Ham
Head of Marketing & Corporate Communications
lisette.vanderham@primevestcp.com
www.primevestcp.com