LISBON May 16 Vodafone will double the
size of its fibre optic network in Portugal to cover 1 million
homes by 2015, it said on Thursday, as it seeks to more
effectively compete against Portugal Telecom and the
soon-to-be-merged duo of Zon and Sonaecom.
The move comes as Vodafone looks to offer bundled Internet,
pay-TV, mobile and fixed telephone services by expanding its
fibre network beyond the greater Lisbon and Porto regions.
"We are expanding as we speak to go from 500,000 homes now
to one million in two years" a spokeswoman told Reuters, without
giving details on how much it will cost.
Portugal Telecom's network already reaches 1.6 million homes
and it plans to add another million by 2015 with an investment
of 150 million euros.
Despite Portugal's steep recession and record unemployment,
the numbers of subscribers of service packages that include
Internet and pay-TV have been growing.
Vodafone lags fourth in Portugal's pay-TV operators ranking
but is the country's second-largest mobile services operator,
with seven million clients.
The UK-based company also announced on Thursday that it had
reached a deal in Germany with Deutsche Telekom that
will enable it to offer its German customers TV over superfast