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Telefonica plans new company to expand fibre in Germany

2020-08-03 09:49:00| Telecompaper Headlines

(Telecompaper) Telefonica plans to create a company to provide fibre-optic networks for under-served areas of Germany, Chief Operating Officer Angel Vila said, according to Reuters. It has already received expressions of interest from investors. Telefonica's new infrastructure unit would run the new operator, which will have "limited financial exposure", Vila said. Subsidiary Telefonica Germany might take an equity stake in the new firm.  

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