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The company Deutsche GigaNetz GmbH has Investments of up to three billion euros for the expansion of fibre-to-the-home (FTTH). The expansion is being financed by the British infrastructure investor Infrared Capital Partners, which in turn is owned by the Canadian Sunlife insurance group.
Deutsche Giganetz GmbH was founded last year and operates with a team of experts with many years of experience in the fiber optics and telecommunications market.
Frank Wittich-Böcker
The tariff offered is Mynet 1.000 (1,000 Mbit/s download, 500 Mbit/s upload) including telephone flat rate (2 lines) and Fritzbox 7530 WLAN router for just 29.99 euros in the first 12 months; the regular fee of 74.90 euros applies from the 13th month. With a contract term of 24 months, residential customers pay an average monthly price of 52.40 euros.
Expansion in "numerous pilot regions
In the expansion, Deutsche GigaNetz, like Deutsche Telekom, is concentrating primarily on regions with a high population density. The expansion will begin "this summer in several municipalities in Hesse and Baden-Württemberg". The company has not yet specified the period in which the investment sum is to be spent. This is to be determined above all by the available own-economy, not promoted regions. In principle, however, the company would also take on subsidised contracts, for example in structurally weak areas.
Price competition for FTTH
The slow expansion of fiber optics in Germany is now creating lively competition. This not only improves availability, but also creates price competition for the previously very expensive FTTH connections, which makes fiber optics interesting for the masses as well.
Reinhard Frank, district administrator from the Main-Tauber district told the Frankish NewsWe are pleased that three companies are now showing interest in the commercial expansion. In the meantime, Breitbandversorgung Deutschland, Deutsche Glasfaser and the company Deutsche Giganetz have expressed their interest."
Deutsche GigaNetz's competitors include Deutsche Telekom, which has announced the "Number one in fiber optics" to become, especially Telefónica. Recently, the network operator announced that the new GBit/s tariff O2 my Home XXL (1,000 Mbit/s download, 500 Mbit/s upload) monthly 69.99 euros. cost will be. Also on offer is O2 my Home XL XXL (250 Mbit/s download, 125 Mbit/s upload) for 34.99 euros and O2 my Home L XXL (100 Mbit/s download, 40 Mbit/s upload) for 24.99 euros. The expansion is being financed by the joint venture "Unsere Grüne Glasfaser" (UGG), which is owned by Allianz and Telefónica.
