TDF

Providing TV and radio services to the Greater Paris region

Leading telecommunications infrastructure company with a strong position in a crucial part of the value chain for TV broadcast, radio broadcast and mobile telecoms.

Digital

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Managed Account

Vehicle

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2015

Investment year

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Invested

Status

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France

Country

Asset manager

Christopher Ehrke

More about TDF

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Managed

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Employees

2nd in Telecom towers

Market

  • Attractive growth prospects for outsourced telecom site hosting with Free entrance, 4G roll-out and network densification requirements
  • Stable and transparent regulatory environment
  • The “France Très Haut débit” plan will be continued and amplified to accelerate the roll-out of fibre throughout the territory and reach full coverage by the end of 2025 at the latest

Asset

  • #1 broadcasting tower operator in France with 80% market share in DTT, >50% market share in radio and is also one of the largest outsourced mobile tower site hosting services provider with c.20% market share
  • Large scale and high-quality tower portfolio including unique, non-replicable sites with strong coverage
  • National network of infrastructure with c.8,250 active sites, including c.600 rooftop sites, as well as 5,000 km of fibre backbone
  • Secure asset base with 91% owned towers and 32% of towers built on owned land
  • Long-term contracts (average 5 years secured for TV/radio and 10-20 years for telecoms) with blue-chip clients and historically low churn rates
  • A leading independent operator of FTTH networks with over 750,000 plugs to roll-out in the Paris green-belt

Arcus news

December 3, 2024
HB acquires TPS Rental Systems Ltd
November 28, 2024
Arcus announces sale of Horizon and SMA
November 1, 2024
Arcus continues to demonstrate commitment to ESG, with another successful year in the GRESB Infrastructure Benchmark
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Date joined

June 2022

Office

London

English

Polish

French

Afrikaans

Karol joined Arcus in June 2022 as a Senior Investment Executive. Prior to joining Arcus, Karol worked in the digital infrastructure origination team at Amber Infrastructure and in the infrastructure principal investments team at Macquarie Capital. Karol is a member of the Digital Origination Team. His infrastructure experience to date has been primarily focused on infrastructure origination.

Karol holds a BA in Accounting and Finance from University of Manchester.

Management roles

  • Head of Energy Sector Team
  • Investment Committee Member