07.05.2019
DGAP-News:Telefónica Deutschland Holding AG: High-speed internet via cable: Telefónica Deutschland gains access to Vodafone's cable networks in Germany
DGAP-News: Telefónica Deutschland Holding AG / Key word(s): Contract
Telefónica Deutschland Holding AG: High-speed internet via cable: Telefónica
Deutschland gains access to Vodafone's cable networks in Germany
07.05.2019 / 08:04
The issuer is solely responsible for the content of this announcement.
High-speed internet via cable:
Telefónica Deutschland gains access to Vodafone's cable networks in Germany
The telecommunications providers Telefónica Deutschland and Vodafone have
agreed that Telefónica Deutschland will have access to Vodafone's and
Unitymedia's cable networks in Germany. With the access to the cable
network, Telefónica Deutschland is significantly expanding and improving its
nationwide fixed-network offering with high-speed internet, including its
capability to provide high quality over-the-top internet-based TV services.
Both parties signed an access agreement aimed at providing long-term access
to Vodafone's cable infrastructure in Germany. The agreement is subject to
the planned acquisition of Unitymedia by Vodafone, which is currently under
review by the EU Commission.
As a result of the cable agreement, Telefónica Deutschland will be able to
supply up to 24 million cable households in Germany with attractive O2 fixed
network products at higher speeds than VDSL. The agreement is thus
complementary to Telefónica Deutschland's existing infrastructure
cooperation agreements in the fixed-network area.
As an integrated telecommunications provider, Telefónica Deutschland
provides fixed network, internet and mobile solutions for its customers. The
company also offers convergent tariffs with O2 my All in One, thus enabling
O2 customers to surf with high speeds both at home and on the go. In
addition, Telefónica Deutschland only recently launched its IPTV solution O2
TV for live streaming on customers' smart TV, smartphones and tablets, which
the high-speed broadband offered by the agreement with Vodafone will further
enhance.
The enhancement of Telefónica Deutschland's infrastructure portfolio on the
fixed side with cable access represents another key milestone towards the
company's vision of becoming Germany's "Mobile Customer & Digital Champion".
We confirm our full-year outlook for 2019, our mid-term guidance including a
Capex envelope of approximately EUR 1bn and our dividend policy with a high
payout ratio to FCF.
More Information:
Telefónica Deutschland
Investor Relations
Georg-Brauchle-Ring 50
D-80992 München
t +49 (0)89 2442-1010
f +49 (0)89 2442-2000
e ir-deutschland@telefonica.com
07.05.2019 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Language: English
Company: Telefónica Deutschland Holding AG
Georg-Brauchle-Ring 50
80992 München
Germany
Phone: +49 (0)89 24 42 0
Internet: www.telefonica.de
ISIN: DE000A1J5RX9
WKN: A1J5RX
Listed: Regulated Market in Frankfurt (Prime Standard);
Regulated Unofficial Market in Berlin, Dusseldorf,
Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 807701
MDAX TecDAX
End of News DGAP News Service
807701 07.05.2019