Prizz announces the finalization of a €42M financing agreement to support the development of its high-performance fiber network dedicated to businesses and local authorities (FttO). LCL, Banque CIC Nord-Ouest, Caisse Régionale de Crédit Agricole Brie Picardie and Caisse Régionale de Crédit Agricole Normandie Seine participated in this financing. This new step will enable Prizz to continue deploying its network, in order to meet the growing needs of economic players for ultra-high-speed connectivity, and the increasing number of data centers.
The high-performance
broadband infrastructure operator
Prizz designs, deploys, maintains and operates superfast fibre-optic broadband networks. Prizz utilises a next-gen 100 Gbps MPLS backbone to deliver up to 10 Gbps in bandwidth, providing exceptional connectivity to internet service providers, local authorities and, indirectly, businesses. The Prizz network already covers over 50% of France’s national GDP (source: Infra-Corp 2024), an achievement made possible thanks to the support of its principal shareholders.
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News
Prizz expands its network with the acquisition of Infralis
Following the acquisition of Infralis, the Nasca Group subsidiary dedicated to optical local loop and long-distance network infrastructures, Prizz is accelerating its development and extending its presence in several regions. With almost 700 additional kilometres of cable, Prizz is extending its network in the south-east of France (Alpes-Maritimes and Var) and in the east (Bas-Rhin, Haut-Rhin, Territoire de Belfort, Doubs, Côte-d'Or and Yonne). With this operation, Prizz is consolidating its national position as a neutral infrastructure operator vis-à-vis service operators.
