Movistar to invest EUR 200 mln in Valencia fiber, 4G network

Friday 27 September 2013 | 11:37 CET | News
Telefonica plans to invest over EUR 200 million in the deployment of its fiber-optic network and expansion of 4G services in the region of Valencia over the next few years. The project is expected to create around 2,000 new jobs in the area, Europa Press reports, citing Javier Castro, head of Telefonica's operations in Valencia, Murcia and the Balearic Islands. Movistar plans to expand its fiber network coverage to over 50 percent of households in the region of Valencia by end-2015.

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Categories: Mobile & Wireless
Companies: Movistar / Telefonica
Countries: Spain
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