- Domestic use of telecommunications fiber has reached approximately ten million dwellings.
In the modern digital world, a robust internet connection is essential, and fiber optic technology reigns supreme as the premier choice.Deutsche Telekom, a pioneer in this field, is leading the charge in expanding fiber optic internet across Germany. By 2024, this Bonn-based company plans to reach 10.1 million households, a marked improvement of 2.2 million from the preceding year. CEO Tim Höttges reaffirmed their commitment to this project, stating, "We're constructing fiber optic networks as swiftly as we can."
The crux of this endeavor lies in the installation of fiber optic cables along the streets, close enough to homes. However, it's essential to note that not all of these cablings make their way into individual residences. Either due to resident disinterest or incomplete construction, a portion of these cables remains unutilized.
Competitor Deutsche Glasfaser also showcased impressive growth in fiber optic expansion, with an addition of 0.4 million households last year, bringing their total to 2.4 million households. A spokesperson for Deutsche Glasfaser disclosed that approximately 40% of these households have become customers.
At Deutsche Telekom's end, the percentage of customers derived from its fiber optic connections is significantly lower. To resolve this issue, CEO Höttges has prioritized increasing this value in 2023, aiming to generate revenue from these expansive investments.
"Fiber to the Home" (FTTH), a connection that directly links your own home, boasts unparalleled speed and stability. Despite its benefits, many are deterred by its hefty price tag. It's the government's vision by 2030 to achieve nationwide fiber optic coverage, as outlined in their target. In this endeavor, Deutsche Telekom plays a pivotal role.
While Deutsche Telekom pushes forward with its ambitious plans, competitors face their own sets of challenges. For instance, Deutsche Glasfaser encounters delays and contract breaches in some regions. Despite these obstacles, they continue their fiber optic network expansion efforts.
Meanwhile, other players like OXG (a joint venture between Vodafone and Altice), Goetel, htp, and Tele Columbus and ElbKom are aggressively expanding fiber optic networks in urban and rural areas, respectively.
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Fiber optic cables, crucial for providing a robust internet connection, are being installed along the streets in Germany by Deutsche Telekom. Their aim is to reach 10.1 million households with fiber optic internet by 2024, an expansion of 2.2 million households from the previous year. This expansion in Germany is matched by Deutsche Glasfaser, who added 0.4 million households last year, bringing their total to 2.8 million households.
