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Stock impact report

German mobile operators pledge to boost 4G network coverage [Reuters (UK)]

Telefonica SA (TEF) 
Last telefonica sa earnings: 2/23 04:01 pm Check Earnings Report
Company Research Source: Reuters
German mobile operators pledge to boost 4G network coverage | Reuters Reuters Staff 2 Min Read BERLIN (Reuters) - Germany’s mobile operators have promised the government that they will improve the coverage of their 4G networks to 99 percent by the end of 2020, Transport Minister Andreas Scheuer said after meeting industry bosses on Thursday. Under the agreement, Deutsche Telekom, Vodafone and Telefonica Deutschland will plug holes in coverage over and above the 98 percent they committed to in the last spectrum licensing round. Mobile network coverage in Europe’s largest economy is often patchy and, together with delays in building out high-speed internet, has been criticized by business groups as a handicap in the digital era. Scheuer, who represents the Bavarian Christian Social Union in Chancellor Angela Merkel’s grand coalition, has been looking for a policy win ahead of a regional election in the large southern state in October. “We are starting a unique network buildout offensive Show less Read more
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