Deutsche Glasfaser completes refinancing, averts insolvency (heise.de)
0xBASE INTEL BRIEF
- 1.2 billion euro financing from EQT and Omers confirmed by London High Court.
- DG funded through mid-2030s.
- CEO Pfisterer departs; Schulte-Bockum interim CEO.
"Deutsche Glasfaser (DG) finalized its refinancing with a 1.2 billion euro injection from owners EQT and Omers, approved by the London High Court. The company is now funded until the mid-2030s. CEO Andreas Pfisterer leaves by mutual agreement; Jens Schulte-Bockum takes over temporarily. DG aims to shift from fiber rollout to customer-oriented broadband provider."
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