UFINET


UFINET is a multinational telecommunications company headquartered in Madrid, Spain. It operates a Tier 2 network.

History

UFINET is a neutral, carrier of carriers telecom company, meaning it focuses on B2B sales to enterprise customers, Tier 3 ISPs including leases of FTTH optical distribution networks, dark fiber, optical line terminals and optical network terminals, and internet transit for Tier 2 ISPs. It was created by Unión Fenosa in 1998. In 2009, it merged with the company Desarrollo de Cable, which belonged to the company Gas Natural, and this gave rise to Gas Natural Fenosa Telecomunicaciones. In 2014, CINVEN, an investment fund of private capital, acquired the GNFT. The acquisition was carried out for a total of 510 million Euros. Since then, the company has traded as UFINET. In June 2018, ENEL acquired 21% of the company, while Cinven kept the remaining 79% Under the agreement, Enel X International has the right to exercise a call option to acquire the Sixth Cinven Fund’s stake between December 31st, 2020 and December 31st, 2021.

Business areas

UFINET provides telecommunication services through more than 70,000km of fiber optic network. Among the services provided are Fiber optic, data transmission, Internet service provider, co-location center, Ethernet, PDH/SDH7/SONET, Dark Fiber, Internet, VSAT, FTTH, Towering, Layer 3 services, Direct cloud connectivity and other services. UFINET is a MEF Carrier Ethernet 3.0 certified for E-LINE, E-LAN, E-TREE and E-ACCESS capacity services.

Countries covered

UFINET currently has a presence in Mexico, Guatemala, Honduras, El Salvador, Nicaragua, Costa Rica, Panamá, Colombia, Ecuador, Peru, Brazil, Paraguay, Argentina and Chile. It also uses the facilities of data center providers such as CoreSite, providing network access points in the Americas, New York, Los Angeles and Dominican Republic.