Vodafone UK is said to be considering its options for investing in full-fibre broadband connections, on the proviso it can find partners to share the costs, Reuters reports, citing the operator’s chief executive. Following reports that its sister company in Germany is set to spend EUR2 billion (USD2.9 billion) on upgrading and expanding its cable networks over the next four years to enable it to offer gigabit speeds, Vodafone UK CEO Nick Jeffery claimed to have available capital for investment, noting: ‘We are a committed investor, our strategy is very clear … If we can find the right economics and the right partners we’ll invest here.’
The comments come just a month after rumours that Vodafone UK had been discussing a possible joint investment in the rollout of ultrafast fibre-optic broadband services for a number of British cities with BT’s infrastructure division Openreach. As previously reported by CommsUpdate, at that date it was claimed that discussions between the two companies were ‘early but serious’, with it claimed that Vodafone could seek upgrades of the Openreach network at major metropolitan areas initially. It was suggested, however, that regulations faced by Openreach could prove a potential hurdle to a joint investment; with the company required to sell access to its network on equal terms, Vodafone was believed to be seeking a period of exclusivity over any new infrastructure.