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Bonn (dpa) - Deutsche Telekom has confirmed its billions in Internet expansion plans for an extensive fiber optic network.
"This is a huge investment, perhaps the largest investment in the history of Deutsche Telekom," said Tim Höttges at the Group's general meeting on Thursday in Bonn.
By the end of 2024, Telekom wants to enable “fiber” speed in ten million German households, which would be almost eight million more than currently.
The fiber optic investments are being increased, by 2024 these expenditures are to increase from the last around 1.5 billion euros to 2.5 billion euros.
It's all about fiber optics right into the apartments.
© dpa-infocom, dpa: 210401-99-54000 / 2
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Communication from Telekom