Deutsche Telekom s fiber-optic strategy: real offensive or PR clambake ?
Tim Höttges, chief executive of Deutsche Telekom, announced major investments in fiber-optic expansion at the Group s Annual General Meeting: up to 2.5 billion euros a year.
By 2024, Deutsche Telekom wants to equip ten million households with fiber-optic connections. By 2030, all households should even be connected to the fiber-optic network.
So far, fiber-optic expansion in Germany has been slow. Experts consider Telekom s plan to be sporty . One even speaks of PR clambake.
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Tim Höttges has big plans. The Telekom CEO announced at last Thursday s online AGM that he wants to supply all households in Germany with fiber optics by 2030. To do this, he needs the help of the competition, but Telekom also wants to provide fiber to ten million households itself by 2024. That would be around eight million more households than at present. Last year, Telekom only laid fiber to 0.6 million households. By 2024,