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Broadband

Telefonica, Allianz JV plans to build over 2 million FTTH connections in rural areas in 6 years

Tuesday 2 March 2021 | 16:29 CET | News
The company 'Our Green Fibre-Optic', in German 'Unsere Gruene Glasfaser' (UGG), a joint venture between Telefonica and Allianz, said it plans to build up to 2.2 million FTTH connections in under-served rural areas in Germany in the next six years. UGG is investing a total of around EUR 5 billion to expand the fibre network by over 50,000 km. The expansion will be conducted without public subsidies.

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Categories: Fixed
Companies: Allianz / O2 Germany / Telefonica Germany / Telefonica O2 Germany
Countries: Germany
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