Type
Business expansion
Country
France
Region
Sud-Ouest; Midi-Pyrénées; Haute-Garonne
Location of affected unit(s)
Toulouse
Sector
Information / Communication
Information Communication Services
Telecommunications
61.10 - Wired telecommunications activities

100 jobs
Number of planned job creations
Job creation
Announcement Date
22 March 2019
Employment effect (start)
22 March 2019
Foreseen end date
31 December 2019

Description

Altitude Infrastructure, a company specialised in the design, construction and operation of telecommunications networks, has announced the recruitment of 100 employees in the coming months.The company announces a turnover of €180 million in 2018, and should reach € 350 million by 2019. The operator benefits from the commitments made by local authorities to develop very high-speed Internet access everywhere in their territories. The latest one is the contract signed with the department of Tarn-et-Garonne, for a 30-year public service delegation and the commitment to deploy optical fibre throughout the department by 2022. This new contract is valued at €250 million in investments, including €130 million for the actual deployment site.


Sources

Citation

Eurofound (2019), Altitude Infrastructure, Business expansion in France, factsheet number 97417, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/97417.