In November 2014, CVC funds agreed to invest approximately US$150 million for 50% interest in Arteria Networks, a leading telecommunications carrier in Japan focused on enterprise customers.
Arteria, a key operating subsidiary within Marubeni's ICT Division, is a leading provider of broadband connectivity and network solutions in Japan. It is one of only four operators in the country with a nationwide fibre network infrastructure. Arteria provides one-stop information and communication services including: internet connection; leased circuit; IP-VPN; data centre; and related solutions. The company holds market leading positions with medium to large sized corporations, as well as condominium buildings in Japan.
The partnership between CVC and Marubeni marks a significant step forward in accelerating Arteria's next phase of expansion. I am delighted to be working in such unique platform and confident we will deliver value with strong support from our shareholders.