Vodafone Germany to Invest EUR2 Billion in Broadband Services
September 11 2017 - 2:49AM
Dow Jones News
By Tapan Panchal
LONDON--Vodafone Group PLC (VOD.LN) said Monday that its German
unit will invest around 2 billion euros ($2.38 billion) over the
next four years to provide ultra-fast-fiber broadband services.
The U.K.-listed telecommunications company expects the
investment to improve the German unit's service revenue growth by
one to two percentage points, compared with previous expectations,
and to improve its profitability.
Write to Tapan Panchal at tapan.panchal@wsj.com
(END) Dow Jones Newswires
September 11, 2017 02:34 ET (06:34 GMT)
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