Following Vodafone Group’s recently-agreed EUR18.4 billion (USD21.7 billion) agreement to acquire Liberty Global’s operations in Germany, Romania, Hungary and the Czech Republic, Hannes Ametsreiter, CEO of Vodafone Germany, has set out his Gigabit aims for the enlarged German unit. The chief executive explained: ‘By unifying our cable networks and upgrading to Gigabit networks, we are truly transforming Germany into a Gigabit society. We are building 25 million Gigabit connections for 50 million people by 2022. That’s good for the consumer, good for competition, and good for Germany – because we will help the German government to reach its Gigabit targets for 2025 even faster. In four years we want to supply two-thirds of all Germans with Gigabit speeds.’
Liberty Global subsidiary Unitymedia currently operates cable networks in Baden-Wurttemberg, Hesse and North Rhine-Westphalia, meaning that the combined Vodafone-Unitymedia entity will become the first ever competitor to Telekom Deutschland to offer coverage of all federal states via its own infrastructure.