DIF agrees US fiber investment

Investor DIF Capital Partners has agreed to become the growth capital partner of US telecoms infrastructure provider, Joink.

Under the agreement, the DIF CIF II fund will invest in the firm to increase its reach in the provision of enterprise fiber, residential fiber, and fixed wireless services, which are currently focused on Western Indiana and Eastern Illinois.

“DIF believes the future fiber-to-the-home roll out is critical to ensure that residents in Indiana and Illinois have reliable high-speed internet access through Joink’s fiber network,” said Willem Jansonius, partner and head of investments for the DIF CIF strategy.

A growing number of infrastructure investors are looking to put their money into fiber and telecoms businesses as they look to take advantage of the growing demand for high-speed internet services, as they look to take advantage of P3 and other opportunities.