Conexão Group provides broadband services using primarily fiber-to-the-home (FTTH) technology, as well as some hybrid fiber-coaxial (HFC) infrastructure. The company has 450k+ residential subscribers and 20k+ business customers throughout six states and 100+ municipalities in Brazil. Specifically, these states are located in the Northeast (Rio Grande do Norte, Paraíba, Ceará, and Bahia) and Southeast (São Paulo and Minas Gerais).
Overall, Conexão Group’s network passes over 1.4 million households, which implies a 32% penetration rate. Notably, the company owns the entirety of its digital infrastructure, being ~8.4k fiber route miles (13.5k fiber route kilometers).