0
Broadband

Telekom, EWE to establish FTTH/FTTB joint venture - report

Friday 1 December 2017 | 17:46 CET | News

Deutsche Telekom and German regional utility provider EWE are entering into a joint venture to provide over 1 million households with gigabit-speed internet, reported Germany’s Frankfurter Allgemeine Zeitung (FAZ) on 01 December. 

The two firms are planning to establish a shared network operating company for the construction and operation of FTTB/FTTH connections. Industry sources told FAZ that Telekom and EWE both plan to take a 50 percent stake in the joint venture, which is scheduled to be signed in the next few weeks. 

Telekom and EWE will grant other providers access to their network in order to ensure the cables reaches full capacity as quickly as possible and defuse potential criticisms from Germany’s Federal Network Agency, the national telecoms regulator, and Federal Cartel Office, said FAZ. The deal will be subject to approval by both agencies for any potential competition violations.


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories:
Countries:
::: add a comment