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Broadband

NetCologne invests more than EUR 30 million in 2014

Monday 4 May 2015 | 21:16 CET | News
NetCologne said it invested more than EUR 30 million in broadband expansion during the financial year 2014. The German operator achieved a pretax profit of EUR 7.7 million on revenues of EUR 259.2 million last year. Around 164,000 of its 384,000 customers and 57,000 buildings wre connected to the company's own fibre grid at year-end, an increase of about 15,000 homes and 500 buidlings in 2014. It's also connected over 500 street cabinets for vectoring and plans to expand 100 Mbps services to around 250,000 homes. In cooperation with the city's council, NetCologne also launched free public

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Categories: Fixed
Companies: NetCologne
Countries: Germany
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