Vodafone and Altice launch 7 billion euro German broadband company


FILE PHOTO: A branded sign is displayed on a Vodafone store in London, Britain May 16, 2017. REUTERS/Neil Hall

LONDON (Reuters) -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 homes, allowing the British operator to upgrade its existing network in Germany, its biggest market.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Tech News

Fibre optic cables should be considered 'critical infrastructure' in Africa, Google says
EU fines Meta 797 million euros over abusive practices benefiting Facebook Marketplace
ASML CEO says AI boom benefits the company
Spain's La Vanguardia joins the Guardian in leaving X, citing 'toxic content'
Analysis-Crypto industry pushes for policy sea change after Trump victory
EU says Booking must comply with Digital Markets Act
Samsung Electronics says it reaches preliminary wage deal with union
Trump’s victory could ease regulatory path for Musk’s robotaxi, but hurdles remain
Siemens to cut up to 5,000 jobs in automation business after downturn
Workers stage walkout at US maker of Fallout video game

Others Also Read