Germany steps up broadband investment

Feb 02, 2006

Deutsche Telekom said Thursday it will connect 10 German cities to a high-speed broadband network by mid-year.

The German carrier said that the connection will be established "based on trust that the necessary political conditions will be introduced."

"The high-speed network will lead to fundamental changes and new perspectives in areas such as e-working, e-health and e-learning. Data transmission in real time and dialog applications with high volumes of data will become reality", said Walter Raizner, a board member responsible for broadband business.

Deutsche Telekom said that a total of $3.64 billion (3 billion euros) will be necessary by 2007 to get the project going, but it will be putting up $606.34 million (500 million euros) itself immediately.

Copyright 2006 by United Press International

Explore further: Ex-Apple chief plans mobile phone for India

add to favorites email to friend print save as pdf

Related Stories

EU finds broadband users are confused and overcharged

Mar 25, 2014

Internet service providers in Europe are charging wildly inconsistent prices for broadband connections, leaving customers confused and short-changed, according to research released Tuesday by the European ...

New losses at Alcatel-Lucent amid rehaul

Oct 31, 2013

Telecommunications equipment maker Alcatel-Lucent SA lost 200 million euros ($274,000) in the third quarter, including costs of restructuring efforts aimed at turning around the long-struggling company.

Recommended for you

Growing app industry has developers racing to keep up

8 hours ago

Smartphone application developers say they are challenged by the glut of apps as well as the need to update their software to keep up with evolving phone technology, making creative pricing strategies essential to finding ...

Review: With Galaxy S5, Samsung proves less can be more

10 hours ago

Samsung Electronics Co. has produced the most formidable rival yet to the iPhone 5S: the Galaxy S5. The device, released over the weekend, is the fifth edition of the company's successful line of Galaxy S ...

User comments : 0

More news stories

Growing app industry has developers racing to keep up

Smartphone application developers say they are challenged by the glut of apps as well as the need to update their software to keep up with evolving phone technology, making creative pricing strategies essential to finding ...

Making graphene in your kitchen

Graphene has been touted as a wonder material—the world's thinnest substance, but super-strong. Now scientists say it is so easy to make you could produce some in your kitchen.