innogy / Deutsche Telekom
German telecommunications company Deutsche Telekom and energy company innogy have signed a 10-year cooperation agreement to expand the country’s broadband network, innogy announced in a press release. Innogy plans to provide the infrastructure by laying high-speed internet cables in 60 local networks in rural areas, and Deutsche Telekom will offer its products via these networks. The German government plans to provide all households with 50 megabit-per-second bandwidths by 2018, but the rollout is lagging, innogy says. The company will continue to make its own broadband networks available to other providers.
Read the press release in English here.