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Business News » World News

Vodafone to invest 2 billion euros in German fibre connections

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Updated: Mon, Sep 11, 2017
12:08 pm
Reuters
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Expert Views: BIG! India's retail inflation eases to 4.59% in December Expert Views: BIG! India's retail inflation eases to 4.59% in December

Vodafone said it would spend about 2 billion euros ($2.4 billion) to provide around 13.7 million new ultrafast broadband connections to homes and businesses by the end of 2021 in Germany, its biggest European market.

The British company said on Monday the additional spending on its network would boost its service revenue growth in Germany by 1-2 percentage points in the mid-term. ($1 = 0.8326 euros)

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)

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