Deutsche Telecom is years behind Telefonica and Orange/FT bringing fiber to homes, leaving it vulnerable to challengers like Deutsche Glasfaser. OMERS, a Canadian pension fund, and EQT, an affiliate of the Wallenbergs. EQT is partially funded by pension funds.
Uwe Nickl, Group Managing Director, will "focus primarily on the white and gray spots that are still there today - regions that so far could only dream of sustainable and energy-efficient digitization and that we want to send into the fiber-optic age with at least 300 Mbit / s." If Nicki delivers as promised, that is the best news for the German Internet in more than a decade.
Amidst the noise about 5G, few have noticed how fast fiber is growing. France, Canada and Spain are mostly fibered, Italy, Britain & Germany are growing at 20% per year. While AT&T cut back, a nearly unique competitor, Sonic, has fibered much of San Francisco and neighboring areas. PC named them the best ISP in the US.
Of course, nothing compares to the 400 million fiber to the home in China.