Liberty Global Ventures and InfraVia Capital Partners have set up a new Joint Venture (JV) aimed at assessing the opportunity in building fibre-to-the-home networks in Germany. The 50:50 JV, which is subject to regulatory approval, sees the two companies leverage their extensive expertise in infrastructure investment and development. The JV will take a modular approach, with the first phase targeting a small number of municipalities in Germany. If specifically defined success criteria are met during the first phase, it will open up further investment opportunities for the joint venture. Having operated Unitymedia for a decade, Liberty Global brings extensive experience of the German market to the JV. This includes working closely with municipalities and regional authorities in Germany as Unitymedia expanded its network in the country, which reached 13 million homes passed and 7.2 million customers by the time of its sale to Vodafone in 2019.