France Telecom, Vodafone announce Spain fibre-optic joint venture

MADRID, March 13 Wed Mar 13, 2013 6:15am EDT

MADRID, March 13 (Reuters) - France Telecom and Britain's Vodafone said in a statement on Wednesday they had agreed to jointly develop a fibre optic network in Spain.

The companies said they would develop two complementary networks, each reaching 3 million buildings, in over 50 cities.

Both companies said they guaranteed mutual access and use of respective infrastructure. (Reporting By Clare Kane; Writing/Editing by Paul Day)