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Germany: Deutsche Telekom launches fibre-optic joint venture in northwest Germany

By  |  January 15, 2020

Deutsche Telekom said on Wednesday it was founding a fibre-optic networks joint venture with regional utility EWE that aims to connect more than 1.5 million German households after winning antitrust approval for the deal to go ahead.

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    Glasfaser Nordwest, as the 50-50 joint venture has been named, will build out networks in northwestern Germany while also offering access to third-party providers at “fair market prices”, Deutsche Telekom said in a statement.

    Germany’s antitrust watchdog cleared the joint venture in December after its owners promised to provide fair third-party access, addressing complaints from the industry that Deutsche Telekom was intent on crushing competition.

    Full Content: Reuters

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