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Deutsche Telekom inked a deal with Australia-based IFM Investors to form a fiber joint venture (JV) in Germany, with the investment company set to pump €900 million (approximately $1 billion) into the undertaking.
Deutsche Telekom is considering the creation of a new fiber joint venture in Germany with a yet-to-be-determined private equity partner, aiming to cover as many as 4 million rural locations across the country, German newspaper Handelsblatt reported.
Facebook expanded on several initiatives focused on broadband connectivity, including updates on its deployment of subsea cables, fiber-deploying robots, and its Terragraph fixed wireless platform.