Vodafone in Portugal deal to reach 900,000 homes with fibre networks
Telecoms giant Vodafone has agreed a 25-year deal between its Portuguese subsidiary and Portugal Telecom to deploy and share fibre networks to 900,000 Portuguese homes.
The agreement comes into effect in December, giving each company the potential to reach an additional 450,000 customers. The deal fits neatly into Vodafone Portugal’s aim to reach 1.5m homes by the middle of next year.
“This fibre sharing agreement is significant as it accelerates our fibre-to-the-home roll-out plans and enables us to bring converged products and services to almost half a million more homes and businesses across Portugal,” said Vodafone’s Europe chief executive Philipp Humm.