Vodafone Group announced that it has entered into an agreement for a cable wholesale agreement in Germany with Telefónica Deutschland.
Under the terms of the Cable Wholesale Agreement, Telefónica DE will be able to market broadband services over the combined Vodafone and Unitymedia cable network in Germany, which covers 23.7 million households. Telefónica DE’s customers will benefit from access to download speeds of up to 300 Mbps on the combined cable network, superior to the highest available speeds offered by wholesale DSL access, enabling Telefónica DE to deliver competitive broadband and over-the-top (OTT) TV services.
The Cable Wholesale Agreement has been signed on a long-term basis, with Telefónica DE committed to achieving a minimum level of customers over the term of the contract, said Vodafone.
Nick Read, CEO, Vodafone Group
It is a significant step towards a Gigabit society, which will enable consumers & businesses to access the world of content & digital services at high speeds. It also creates a converged national challenger in four important European countries, bringing innovation & greater choice.
