LONDON: Vodafone and Altice launched a joint venture on Monday to challenge Deutsche Telekom by building a €7 billion fibre broadband network in Germany.
FibreCo will invest up to €7 billion on the six-year project, which is expected to be 70 per cent financed by debt. "This partnership builds on Vodafone's significant next-generation network with Altice's industrial expertise and proven fibre-to-the-home construction capabilities," said Vodafone Chief Executive Nick Read.
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Vodafone and Altice launch 7 billion euro German broadband companyLONDON -Britain's Vodafone and France's Altice launched a joint venture on Monday to challenge Deutsche Telekom and build a 7 billion euro ($6.8 billion) fibre broadband network in Germany.Vodafone said the FibreCo venture would build a 'fibre-to-the-home' broadband network available to 7 million German home
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Vodafone and Altice launch 7 billion euro German broadband companyLONDON -Britain's Vodafone and France's Altice launched a joint venture on Monday to challenge Deutsche Telekom and build a 7 billion euro ($6.8 billion) fibre broadband network in Germany.Vodafone said the FibreCo venture would build a 'fibre-to-the-home' broadband network available to 7 million German home
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »