Telefónica will invest €300mn in fibre by 2015

Spanish telecoms giant Telefónica plans to invest more in its fibre broadband networks in major cities like Madrid and Barcelona this year, and also increase its fibre footprint in smaller cities like Bilbao and Seville.

In Madrid, the telco plans to extend its fibre-to-the-home (FTTH) network to new areas of the city like Alcorcón, Las Rozas, Boadilla del Monte, Villaviciosa de Odón, Torrelodones, Galapagar, Algete, Coslada, Valdemoro and Torrejón de Ardoz.

In Catalonia, the extra injection of funds will see the city of Gerona connected to fibre, as well as some of the larger towns and cities around Barcelona, such as Badalona, Hospitalet de Llobregat, Sabadell, Castelldefels y Rubí.

Smaller cities poised to receive new fibre networks this year include Bilbao, Córdoba, Cádiz, Málaga, Pamplona, San Sebastián, Seville, Zaragoza and Valladolid.

Telefónica currently has around 300,000 subscribers to its fibre broadband services, with 22,000 added last November – a monthly record for the company.

The telco is budgeting around €300mn for this extra push to expand its fibre networks between 2013 and 2015.

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