Allianz Invests EUR1 Billion in Austrian Fibre-Optic Rollout
November 26 2021 - 5:26AM
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)
Copyright (c) 2021 Dow Jones & Company, Inc.
Allianz Ag Muenchen Namen (PK) (USOTC:ALIZF)
Historical Stock Chart
From Oct 2024 to Nov 2024
Allianz Ag Muenchen Namen (PK) (USOTC:ALIZF)
Historical Stock Chart
From Nov 2023 to Nov 2024