30 Jul 2012
Dow Jones Newswires reports that UK-based giant Vodafone Group has announced plans to increase its investment in the Netherlands. The news comes not long after the Dutch network operator, the country’s second largest player by subscribers, experienced a major fire in its Rotterdam network centre in April which damaged its infrastructure and disrupted services for a large number of Vodafone NL users. The UK parent declined to put a figure on the CAPEX, saying only that it will go in improving network reliability and quality. Last year the Dutch unit invested around EUR250 million (USD305 million) in its systems, services and products in the country. The latest investment will also make it easier for the cellco to migrate to fourth-generation Long Term Evolution (LTE) technology, it added.