- Companies
- GlasfaserPlus
GlasfaserPlus Valuation, Funding & Investors
GlasfaserPlus is valued at $1B as of February 2022.
Last GlasfaserPlus valuation
$1B
Secondary · Feb 2022
Key investors in GlasfaserPlus
IFM Investors
GlasfaserPlus Overview
About GlasfaserPlus
GlasfaserPlus is a German wholesale fibre network operator formed as a joint venture with Telekom Deutschland. It builds and operates an open-access fibre-to-the-home network in rural and underserved parts of Germany, with a build programme of about four million lines between 2022 and 2028. Capacity is sold on a wholesale basis to retail telecommunications providers.
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Valuation
$1B (Feb 2022)
Sectors
GlasfaserPlus Valuation
GlasfaserPlus is currently valued at $1B, based on its secondary sale in February 2022.
The round included IFM Investors.
GlasfaserPlus valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Feb 2022 | Secondary | $1B |
GlasfaserPlus Funding History
GlasfaserPlus has 1 recorded secondary share sale and no primary funding rounds.
| Date | Stage | Investors | Valuation | Deal Summary |
|---|---|---|---|---|
| Feb 2022 | Secondary | IFM Investors | $1B | The IFM Global Infrastructure Fund acquired a 50 per cent stake in GlasfaserPlus GmbH from Telekom Deutschland, a subsidiary of Deutsche Telekom. The agreed purchase price was EUR 900 million, equivalent to approximately USD 1,021 million at the February 2022 average EUR/USD rate of 1.13419 (Frankfurter/ECB reference rates), with half payable at closing and the balance as the build-out progresses. The agreement was announced on 5 November 2021 and IFM records the acquisition as at 1 February 2022. Deutsche Telekom valued the joint venture at about EUR 1.8 billion. GlasfaserPlus is responsible for rolling out and operating an open-access fibre-to-the-home network in rural and underserved parts of Germany, with a programme of about four million gigabit-capable lines between 2022 and 2028. Capacity is sold wholesale to retail telecommunications providers. Latham and Watkins advised IFM Investors on the joint venture. Deutsche Telekom retained the other 50 per cent. |
Who has invested in GlasfaserPlus?
1 investor has backed GlasfaserPlus across its funding rounds, including IFM Investors.
GlasfaserPlus Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 1 GlasfaserPlus investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialGlasfaserPlus Competitors
GlasfaserPlus competitors include listed companies like Superloop, Service Stream, Tejas Networks and Liberty Capital, and private ones like Tarana Wireless and Helium.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $100M | - | $1B | 10.0x | ||
| Publicly listed | $389M | $53M | $993M | 2.2x | ||
| Publicly listed | $1.7B | $101M | $1.1B | 0.6x | ||
| Publicly listed | $114M | ($70M) | $973M | - | ||
| Publicly listed | $952M | ($79M) | $968M | 1.7x | ||
| Private | - | - | $1.2B | - |
GlasfaserPlus Public Comps
GlasfaserPlus is still privately-owned, but its public comps include Superloop, Service Stream, Tejas Networks, Liberty Capital, Macquarie Technology Group, Genew, Priortech, RailTel Corporation, Hexatronic Group and EuroTeleSites.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $389M | $53M | 2.8x | 2.2x | 20.7x | 11.9x | |||
| $1.7B | $101M | 0.6x | 0.6x | 10.7x | 9.0x | |||
| $114M | ($70M) | 11.9x | - | (19.3x) | - | |||
| $952M | ($79M) | 1.8x | 1.7x | (22.2x) | 4.4x | |||
| $263M | $81M | 3.9x | 3.6x | 12.6x | 12.2x | |||
| $131M | $1M | 7.4x | 6.6x | 704.9x | 36.6x | |||
| $883K | - | 1431.4x | - | - | - | |||
| $445M | $66M | 1.8x | 1.6x | 12.1x | 11.2x | |||
This data is available for Pro users. Sign up to see all GlasfaserPlus competitors and their valuation data. Start Free Trial | ||||||||
Common questions about GlasfaserPlus
| Where is GlasfaserPlus headquartered? | GlasfaserPlus is headquartered in Germany. |
| Is GlasfaserPlus publicly listed? | No, GlasfaserPlus is a private, VC-backed company. |
| What is GlasfaserPlus' valuation? | GlasfaserPlus was last valued at $1B in its secondary sale in February 2022. |
| Who are GlasfaserPlus' investors? | GlasfaserPlus' investors include IFM Investors. |
| Which companies are comparable to GlasfaserPlus? | Companies comparable to GlasfaserPlus include Tarana Wireless, Superloop, Service Stream, Tejas Networks, Liberty Capital and Helium. |
See companies similar to GlasfaserPlus
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.




