By Reuters Staff
(Adds Telefonica Deutschland comment)
BERLIN, Feb 15 (Reuters) - German independent telecoms firm 1&1 Drillisch said on Monday it had agreed to expand its fibre-optic partnership with Deutsche Telekom and accepted an improved national roaming offer from Telefonica Deutschland.
The deals advance Drillisch’s plans to roll out a fourth 5G network in Germany, the subsidiary of United Internet said, and sent its shares and those of its parent sharply higher in early trading.
Drillisch said that if concluded, the roaming agreement with Telefonica would retrospectively add 34 million euros ($41 million) to its 2020 earnings, which it would book in its 2021 fiscal year.