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Tag: german
AllianzTelefonica JV to pump 5bn into German FTTH
2020-10-30 01:00:00| Total Telecom industry news
Rumours have circulating for the last month were proved true yesterday, with Telefonica joining arms with Allianz Capital Partners to launch a €5 billion fibre-to-the-home (FTTH) joint venture (JV) in Germany. Allianz and Telefonica Group will both own a 50% stake in the JV…read more on TotalTele.com »
Telefonica in talks to raise EUR 5 bln for German fibre expansion - report
2020-10-12 10:26:00| Telecompaper Headlines
(Telecompaper) Telefonica is in talks with lenders and investors to receive EUR 5 billion for fibre expansion in Germany, Reuters reports, citing sources. Banks would lend two thirds of the money and the rest would be equity, including from an investor now holding exclusive talks with Telefonica. The company will invest the cash in fibre projects one step at a time. Telefonica Germany could take a passive equity stake in the new infrastructure unit responsible for fibre expansion, the report added, and could become an anchor customer.
Tags: report
eur
german
expansion
Telefonica raising 5bn for German FTTH network
2020-10-12 02:00:00| Total Telecom industry news
Telefonica is making a renewed push for the German fixed broadband market, on Friday announcing that its infrastructure arm is in negotiations to raise around €5 billion by the end of the month to invest in fibre-to-the-home (FTTH). The funding is reportedly being discussed with a number of banks, who are set to lend around two-thirds of the sum…read more on TotalTele.com »
Tags: network
german
raising
telefonica
Teleste divests German Cableway service business to Circet Deutschland
2020-10-05 09:28:00| Telecompaper Headlines
(Telecompaper) Finnish network specialist Teleste said it will divest its Cableway services business in Germany to Circet Deutschland, a subsidiary of the Circet Group, for a preliminary net purchase price of EUR 8 million to be paid in cash at closing. The final purchase price depends on the net working capital and net debt at the closing date. The German Federal Cartel office will have to approve the transaction, which is expected to be completed in Q4. Teleste revised its strategy earlier this year to focus on technology business operations and services of higher added value that support those operations.
Tags: service
business
deutschland
german
New German security law may tighten the screws on Huawei
2020-09-30 02:00:00| Total Telecom industry news
Reports suggest that the German government has reached a decision on Huawei and so-called high risk vendors when it comes to 5G: the vendors will not be banned outright, but scrutiny will be increased to include the RAN alongside the core. While not making it completely unfeasible to work with Huawei, a new, strict IT security law will make the prospect far less appealing for operators…read more on TotalTele.com »
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