• Afronta Renting is born, the new way to finance telecommunication networks

Afronta Renting is born, the new way to finance telecommunication networks

Afronta Renting is born, the new way to finance telecommunication networks
23
02

Different banking entities and sevillian engineering, Grupo Afronta, have signed a collaboration agreement to carry out a new project, “Afronta Renting”, the way to finance newly built FTTH networks through renting.

 


 

Grupo Afronta, a sevillian engineering company specialized for more than 20 years in design, deployment and maintenance of telecommunications networks, among other services, and different banking entities have signed a collaboration agreement in order to launch a new business line, " Face Renting ”.

 

Afronta Renting arises from the idea of ​​taking the rental of fiber optic networks for telecommunications operators one step further. It is a way of financing the construction of FTTH networks through the most interesting tax formula, renting, since it adds a differential value and of great relevance for the operator, since it offers them the option of taking over the property of the network.

 

Grupo Afronta transferred the business model of the so-called “Local” Operators to the banking entities, from its genesis marked by the first companies to deploy video services via coaxial cable and the satellite television environment, to how they begin to offer internet services or the next step to the world of radio, WiFi, WiMax and the current FTTx systems.

 

A reality was made regarding other products that are financed with the RENTING modality whose value degrades over time, such as automobiles, office equipment, equipment, etc., compared a telecommunications network that , on the contrary, its value increases as it acquires activity.

 

Its process is not complex. It begins with the assessment of the work project in its entirety and is assigned by the banking entity, the management office or agent in charge of the Renting for its study and approval. Financing terms of four years plus one month or five years plus one month are established, fixing the payment of this last monthly installment, of the same amount, so that the actual acquisition of the network from the operator is made.



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