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

2020-10-29 11:16:00| Telecompaper Headlines

(Telecompaper) 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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Category:Telecommunications

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