Regulatory Filings • May 16, 2018
Regulatory Filings
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Rueil Malmaison, 16 May 2018
Between now and 2022, VINCI Energies is to roll out fibre to the home (FTTH) in 26 French administrative departments to provide very high-speed broadband access for 600,000 rural households.
This large-scale operation represents a total works value of over €400 million and will create a large number of jobs. Special attention will be paid to hiring people under integration programmes.
As part of France's very high-speed broadband plan, VINCI Energies won a series of contracts in nine French departments (Aude, Ardèche, Drôme, Essonne, Haute-Saône, Jura, Pyrénées-Orientales, Saône-et-Loire and Seine-Maritime) in 2017. These are in addition to FTTH rollout contracts previously won in 17 departments*. The projects, which cover everything from network design to rollout works, are led by Axians, the VINCI Energies information and communication technologies brand, and supported by VINCI Energies' local specialist business units.
Numerous technical challenges lie ahead, given that, in order to connect isolated homes, each new network has to cross areas that are, by definition, difficult to reach. VINCI Energies' strong local presence enables local authorities to capitalise on expert teams with in-depth knowledge of each region. The scope and duration of the projects will also entail strengthening the workforce by creating new jobs and recruiting people under integration programmes.
In 2017, VINCI Energies business units operating in telecommunications infrastructure increased their workforce by almost 400 people and assigned nearly 100,000 hours of work to long-term unemployed people.
PRESS CONTACT VINCI Press department Tel.: +33 (0)1 47 16 31 82 [email protected]
Facing growing demand from individuals and businesses for high-speed Internet access (at least 30 megabits/second) to accommodate the exponential surge in content, local authorities are actively working to ensure optical fibre rollout in rural areas. Whether for educational purposes, gaming, video on demand or public services, FTTH is a technical solution that is well suited to very high-speed broadband access as it ensures low signal attenuation despite the distance between IT resources and their users. In addition, ultrafast internet connections facilitate working from home, foster growth of tourism and e-commerce, and transform education and healthcare provision. For local authorities, very high-speed broadband has become a key part of attractiveness, lending momentum to their local economy and boosting their competitiveness.
* Ain, Aisne, Alpes-de-Haute-Provence, Hautes-Alpes, Alpes Maritimes, Ardèche, Ariège, Aude, Cher, Côte d'Armor, Drôme, Eure, Illeet-Vilaine, Isère, Jura, Landes, Loire, Manche, Moselle, Pyrénées-Orientales, Haute-Saône, Saône-et-Loire, Haute-Savoie, Seine-Maritime, Somme, Essonne.
Connection, performance, energy efficiency, data. In a constantly changing world, VINCI Energies is picking up the pace of rolling out new technologies to make two major changes a reality: the digital transformation and energy transition. With its strong local presence and agile organisational structure, VINCI Energies, through its business units, is making energy, transport and communication infrastructure, as well as manufacturing plants and buildings, more reliable, safer and more efficient day by day.
2017: €10.8 billion (revenue) // 69,400 employees // 1,600 business units // 53 countries www.vinci-energies.com
VINCI is a global player in concessions and contracting, employing close to 195,000 people in some 100 countries. We design, finance, build and operate infrastructure and facilities that help improve daily life and mobility for all. Because we believe in all-round performance, above and beyond economic and financial results, we are committed to operating in an environmentally and socially responsible manner. And because our projects are in the public interest, we consider that reaching out to all our stakeholders and engaging in dialogue with them is essential in the conduct of our business activities. VINCI's goal is to create long-term value for its customers, shareholders, employees, and partners and for society at large. www.vinci.com
PRESS CONTACT VINCI Press department Tel.: +33 (0)1 47 16 31 82 [email protected]
This press release is an official information document of the VINCI Group.
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