Further growth financing for Bavarian CCNST Group
In December 2015, Portus implemented further growth financing for the CCNST group in Teisnach (Bavaria). With a double-digit million Euro funding, which will be retrievable in tranches, the company will be able to continue taking advantage of the opportunities in broadband network expansion, the sector being a growth market in Germany. With the current subsidy program of the State of Bavaria and the federal government, CCNST will further expand its network.
Managed by its owner and operating with the amplus brand, CCNST is a leading provider of fast internet connections in Bavaria’s rural areas. Alongside a wide range of business clients, the company supplies more than 7,000 private households already.