Deutsche Telekom has acquired DOKOM21's telecommunications network in Essen to enhance fiber optic service delivery to around 25,000 households, while DOKOM21 refocuses its efforts on the Dortmund market.
Target Information
The Deutsche Telekom has acquired the telecommunications network from DOKOM21 in Essen, which spans approximately 75 kilometers in the districts of Frohnhausen and Huttrop. This acquisition enables Telekom to provide services to around 25,000 households, enhancing their access to high-speed fiber optic internet. As part of this transaction, DOKOM21 plans to refocus its efforts exclusively on its core market in Dortmund and surrounding areas.
Thilo Höllen, responsible for fiber and broadband partnerships at Deutsche Telekom, emphasized the company's commitment to acquiring opportunities in the market, stating that this acquisition supports their ongoing mission to provide reliable infrastructure. The aim is to ensure a seamless transition for the customers currently served by DOKOM21 and to enhance the long-term sustainability of the network.
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Industry Overview in Germany
The telecommunications industry in Germany continues to grow and evolve, driven by an increasing demand for high-speed internet services. The German government has invested significantly in enhancing digital i
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