
Covage
French neutral telecommunication infrastructure company.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
investor | €0.0 | round | |
* | €156m | Debt | |
Total Funding | 000k |
Covage is a leading provider of high-speed fiber optic networks, catering to businesses and communities throughout France. Operating in the telecommunications sector, Covage specializes in developing and managing open-access fiber networks, which allow multiple service providers to offer their services over a single infrastructure. This model promotes competition and ensures that end-users have access to a variety of high-quality internet and communication services.
Covage serves a diverse clientele, including local governments, enterprises, and residential customers. By partnering with local authorities and leveraging public-private partnerships, Covage expands its network reach and enhances digital connectivity in underserved areas. The company generates revenue through long-term contracts with service providers who utilize its fiber infrastructure to deliver internet, telephony, and other communication services to end-users.
Covage's business model focuses on infrastructure leasing, where service providers pay for access to the fiber network. This approach ensures a steady stream of income and allows Covage to continually invest in network expansion and technological upgrades. The company operates in a competitive market, striving to differentiate itself through superior network performance, reliability, and customer service.
Keywords: fiber optic networks, telecommunications, open-access, infrastructure leasing, digital connectivity, public-private partnerships, high-speed internet, network expansion, service providers, France.