Allianz, Telefónica partner to build €5bn fiber optic network in Germany

Allianz, Telefónica partner to build €5bn fiber optic network in Germany

German insurance giant Allianz Group and Spanish telecommunications company Telefónica Group agreed to create a 50:50 joint venture (JV) for deploying fiber-to-the-home (FTTH) in Germany with an investment of up to €5 billion. The new FTTH company plans to install more than two million Homes Passed in rural and semi-rural areas region by creating a […]