Vodafone Spain and Orange have announced that they will co-invest in laying fibre, a project that aims to provide six million Spanish households and workplaces with fibre connections by September 2017. The combined capital spend is anticipated to be in the region of €1 billion.
Our telecoms specialist James Titcomb reported on Vodafone's expansion plans last month:
Colao said: “We are going to deploy, country by country, unified services across Europe.” The company already offers broadband and TV packages in some European territories in addition to its core mobile offering.
Colao said the major opportunity for new services in the UK would be in expanding its broadband for business offering, rather than launching new consumer services at present. “For the time being the level of competition on pricing in the UK is so high that each individual segment already has pretty low tariffs,” he said.
Vodafone Chief Executive for the Southern Europe region, Paolo Bertoluzzo:
I am delighted to announce our plans to work with Orange to deploy fibre networks across Spain. This agreement demonstrates Vodafone’s commitment to provide high-speed unified communications services to our customers coupled with our willingness to invest when there are positive returns.