Allianz Invests EUR1 Billion in Austrian Fibre-Optic Rollout
26 Novembre 2021 - 11:26AM
Dow Jones News
By Ed Frankl
Allianz SE said Friday that it would invest 1 billion euros
($1.12 billion) in fibre-optic network rollout in Austria.
The German insurer said its subsidiary Allianz Capital Partners
entered into an agreement with infrastructure company
Oesterreichische Glasfaser-Infrastrukturgesellschaft to connect up
to 1 million households to the fibre-optic network by 2030.
Allianz has been involved in deploying fibre infrastructure
since 2019, it said.
Write to Ed Frankl at edward.frankl@dowjones.com
(END) Dow Jones Newswires
November 26, 2021 05:11 ET (10:11 GMT)
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