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Liberty Networks Germany names CEO
Liberty Networks Germany, the joint venture launched last year by Liberty Global’s investment arm Liberty Global Ventures and private equity outfit InfraVia Capital Partners to build a new full-fibre network in Germany, has appointed Christian Böing as CEO.
Böing’s previous roles include CEO of webhosting company Strato AG and Deputy CEO of web hosting company IONOS. Prior to that, he held roles at communications company Telegate, 1&1 and Vodafone. He is currently a member of the advisory board at the SaaS company rankingCoach and at the Faculty of Economics at the University of Muenster.
The German JV is building out full fibre broadband networks in areas with low availability of gigabit broadband services. Once built, the services will be marketed and sold under the new HelloFiber brand. The first HelloFiber customers are due to be connected later in 2022 in Rems-Murr and Esslingen in the Stuttgart region.
To date, Liberty Networks Germany has agreed new build projects with municipalities in Germany covering around 20,000 homes.
The company is in the process of raising finance, with further developments expected by the end of this year.
Robert Dunn, managing director, connectivity investments, Liberty Global, said: “Christian is a top- class CEO who will enable Liberty Networks Germany in its mission to roll out powerful full-fibre broadband in underserved regions of the country. The JV will benefit hugely from both his leadership and marketing and sales expertise as they continue to build partnerships with municipalities to deliver powerful full-fibre broadband infrastructure to the parts of Germany that need it the most.”
Bruno Candès, Partner, InfraVia Capital Partners, said: “Liberty Networks Germany is of strategic importance and we are very pleased to welcome Christian as CEO, who will be able to leverage on his technology and infrastructure background to support the shareholders’ vision.”