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Ufinet
during the time
In 1998, Unión Fenosa incorporated UFINET, a new company formed from the company's own telecommunications department, which historically had been managing the services required for electricity operation and which, from that moment on, began to provide services to external telecommunications operators. In this year, Gas Natural creates Cable Development. At the same time, Spain began the telecommunications liberalization process, which meant the entry of new operators into the market with the need for new alternative networks.
UFINET is expanding its range of services and opening up to new markets, with special emphasis on Latin American countries, where it is establishing a branch office in Panama.
UFINET Guatemala was founded in 2001, a company dedicated to developing all activities related to the management of telecommunications networks.
UFINET expands its horizons and begins fiber optic deployment operations in Nicaragua and Colombia, providing dark fiber rental and data connection services.
Capacity services are beginning to be offered outside the utlities, over an SDH and DWDM network.
The rest of the network is lit up and the IP-MPLS network is implemented to provide data services and Internet access.
The opening of UFINET in El Salvador took place in March 2009.
Gas Natural Fenosa Telecom (GNFT) was created in 2009 as a result of the merger of two companies: Desarrollo del Cable and Unión Fenosa Redes de Telecomunicación (UFINET).
UFINET Costa Rica opened in 2010, almost hand in hand with the opening of the Telecommunications Sector in Costa Rica. This site was born from its origins with a differentiated value proposition for its customers based on rapid fiber optic deployments.
The opening of Honduras in March 2013 coincided with the entry of UFINET's fiber optics to Tapachula in Mexico. The opening of Honduras marked the culmination of the establishment of UFINET in all Central American countries. Fiber optic deployments.
In June 2014, Gas Natural Fenosa Telecomunicaciones was acquired by the English investment fund CINVEN, which bets on the great growth in the fiber optic sector and the UFINET team.
The opening of Ecuador, together with that of the other South American countries, reinforces the network deployment that Ufinet is carrying out.
The opening of Peru is part of Ufinet's expansion strategy, in order to ensure our customers the widest coverage throughout the Americas and Europe.
The opening of Paraguay represents one of the most important milestones during 2016, with a network of wide metropolitan coverage in the most important and strategic cities of the country.
This important milestone reinforces our presence in South America.
Ufinet opens operations in Mexico, making Mexico the newest and most important milestone in North America since the opening of Guatemala.
In June, 2018, Enel signed an agreement with Cinven to acquire 21% of UFINET.
UFINET acquires majority stake in Netell Telecom The agreement was signed during the International Telecommunications Week (ITW) and allows UFINET to enter the Brazilian market, one of the most important in Latin America. In addition, with NETELL's network coverage in the São Paulo metropolitan area and broader regional reach, this acquisition will enable UFINET to better serve its global customers in Latin America.
UFINET expands its presence in the Brazilian market with the acquisition of NB Telecom, adding more than 750 km of network in the state of Rio de Janeiro, connecting the main data centers in the region.
Cinven and Enel renew their commitment to reinvest in Ufinet.
Nedetel and Ufinet consolidate their position in Ecuador with the integration of their operations.
We are celebrating not only our anniversary, but also an important milestone in UFINET's timeline, surpassing 100,000 KM of fiber optics in 17 different countries in Latin America.
