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Vodafone inks cable agreement with Telefónica Deutschland

Infrastructure News - Published on Wed, 08 May 2019

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Vodafone Group Plc announced that it has entered into a definitive agreement for a cable wholesale agreement in Germany with Telefónica Deutschland. The Cable Wholesale Agreement will allow Telefónica DE to offer high-speed broadband services to consumers on Vodafone and Unitymedia's cable network in Germany, and is subject to the completion of Vodafone's acquisition of Liberty Global's operations in Germany, the Czech Republic, Hungary and Romania which is conditional on European Commission approval.

Under the terms of the Cable Wholesale Agreement, Telefónica DE will be able to market broadband services over the combined Vodafone and Unitymedia cable network in Germany, which covers 23.7 million households. Telefónica DE’s customers will benefit from access to download speeds of up to 300 Mbps on the combined cable network, superior to the highest available speeds offered by wholesale DSL access, enabling Telefónica DE to deliver competitive broadband and over-the-top (OTT) TV services.

The Cable Wholesale Agreement has been signed on a long-term basis, with Telefónica DE committed to achieving a minimum level of customers over the term of the contract.

Vodafone now expects the European Commission to undertake market testing of the remedy package, and to adopt its decision on the Transaction by July 2019 with completion occurring later that month.

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Posted By : TelecomGuru on Wed, 08 May 2019
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