Movistar plans to deploy fibre optics in Valencia
Iñaki Ferreras ©RapidTVNews | 17-05-2012
Fibre optics is a priority for Telefónica’s Movistar and also a weapon to compete with the leading cable operators in certain regions, company president Luis Miguel Gilpérez has revealed.
This is the case of Valencia, where Ono leads the market for broadband and to meet this challenge, Gilpérez said that Telefónica Spain will invest around €90 million in fibre optics in Valencia. "The goal is to bring the 100 Megs to 70% of households."
In the initial phase Movistar has deployed 40,000 kilometres of fibre to eventually double copper network within two to three years. Movistar is also expected to announce a FTTH deployment that will cover 100% of the urban areas of Madrid and Barcelona.
According to Gilpérez, the deployment of FTTH networks will create about 1,000 jobs in Valencia and one thousand jobs in Catalonia. Where there is still no concrete plans are in Galicia and the Basque Country where R and Euskaltel have significant presence in the market for broadband.