Singapore’s sovereign wealth fund, GIC, is investing in a major fiber broadband joint venture between Masorange SL and Vodafone Spain, acquiring a 25% stake. This move signals confidence in the growing European telecom infrastructure market.

Editor’s Note: This deal matters because it shows big investors are doubling down on high-speed internet infrastructure, especially in Europe. GIC’s involvement suggests they see long-term value in fiber networks, which could mean better connectivity and more competition in Spain’s broadband market. For consumers, this could eventually lead to faster, more reliable internet options.