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Broadband

Telefonica confirms JV with Allianz for FTTH roll-out in Germany

Thursday 29 October 2020 | 11:16 CET | News
Telefonica said it has reached an agreement with Allianz to create a joint venture for building a FTTH network in Germany. The new company plans to invest up to EUR 5 billion over a period of six years to deploy fibre for more than 2 million households in rural and semi-rural areas. The joint venture will lay over 50,000 km of fibre network.

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Categories: Fixed
Companies: Allianz / Allianz Capital partners / Telefonica / Telefonica Germany
Countries: Germany
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