Vodafone: major investment in Germany.
(CercleFinance.com) - Vodafone said on Monday that it will invest some two billion euros by 2021 in its Gigabit ultrafast fibre broadband services in Germany.
The British telecom operator aims to deploy in both companies (close to 100,000 are targeted), in municipalities and with consumers.
It believes that this initiative, which is also being taken with other investors, will be accretive to mid-term service revenue growth at Vodafone Germany by 1-2 percentage points, with a positive impact on its EBITDA margin.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
The British telecom operator aims to deploy in both companies (close to 100,000 are targeted), in municipalities and with consumers.
It believes that this initiative, which is also being taken with other investors, will be accretive to mid-term service revenue growth at Vodafone Germany by 1-2 percentage points, with a positive impact on its EBITDA margin.
Copyright (c) 2017 CercleFinance.com. All rights reserved.