Advertisement
UK markets closed

  • FTSE 100

    7,895.85
    +18.80 (+0.24%)
     

  • FTSE 250

    19,391.30
    -59.37 (-0.31%)
     

  • AIM

    745.67
    +0.38 (+0.05%)
     

  • GBP/EUR

    1.1607
    -0.0076 (-0.65%)
     

  • GBP/USD

    1.2370
    -0.0068 (-0.55%)
     

  • Bitcoin GBP

    52,003.27
    +504.20 (+0.98%)
     

  • CMC Crypto 200

    1,334.09
    +21.47 (+1.64%)
     

  • S&P 500

    4,967.23
    -43.89 (-0.88%)
     

  • DOW

    37,986.40
    +211.02 (+0.56%)
     

  • CRUDE OIL

    83.24
    +0.51 (+0.62%)
     

  • GOLD FUTURES

    2,406.70
    +8.70 (+0.36%)
     

  • NIKKEI 225

    37,068.35
    -1,011.35 (-2.66%)
     

  • HANG SENG

    16,224.14
    -161.73 (-0.99%)
     

  • DAX

    17,737.36
    -100.04 (-0.56%)
     

  • CAC 40

    8,022.41
    -0.85 (-0.01%)
     
Property:

11 beautiful homes with glorious garden rooms

Investing in a home with a garden room will enable you to enjoy your outside space whatever the weather

Telefonica has launched process to create fibre company in Germany - COO

Reuters
·1-min read
The logo of Telefonica is seen on company's headquarters in Bogota

MADRID (Reuters) - Spain's Telefonica <TEF.MC> has launched a process to create a company to develop fibre networks in under-served areas of Germany, Chief Operating Officer Angel Vila said on Thursday.

"The philosophy is a neutral company with a modular model of deployment depending on demand," Vila said. "We have launched the process and we have received indications of interest."

He added the eventual company would be run through Telefonica's new infrastructure unit, and local arm Telefonica Deutschland <O2Dn.DE> might take an equity stake. The parent company would have "limited financial exposure" he said.

(Reporting by Isla Binnie; Editing by Ingrid Melander)