Vodafone expands broadband services in Germany
Vodafone is to offer high-speed fixed-line broadband and internet TV services in Germany through a new collaboration with German telecoms giant Deutsche Telekom (DT).
Vodafone is to offer high-speed fixed-line broadband and internet TV services in Germany through a new collaboration with German telecoms giant Deutsche Telekom (DT).
The two parties signed a next-generation network access agreement which will see Vodafone use DT's very-high-bit-rate digital subscriber line (or VDSL) network, allowing it to offer customers connection speeds of up to 50 megabits per second (Mbps), as well as on-demand and broadcast internet protocol-based TV (IPTV) services.
The broadband speed will rise to 100Mbps once DT has deployed so-called "vectoring technology".
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
The partnership between the two telecom firms is still subject to clearance by the Federal Network Agency, but Vodafone says it "marks a significant further expansion of Vodafone's strategy to offer unified communications services in European enterprise and consumer markets".
"Our agreement with DT will greatly enhance our ability to offer our German customers a range of competitive, high-speed broadband and TV services, in addition to our industry-leading mobile services, in line with our broader Europe-wide strategy," said Philipp Humm, the Chief Executive for Vodafone's Northern and Central Europe divisions.
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
Reeves urged to axe stamp duty from UK shares held in an ISAChancellor Rachel Reeves is reportedly considering axing stamp duty from UK shares held in stocks and shares ISAs. What could it mean for your portfolio?
-
Family investment companies explained: how the ultra wealthy shield their money from the taxmanWealthy families are increasingly turning to family investment companies to keep more of their money away from HMRC – but what are these arrangements and how do they work?
