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Vodafone invests €2bn in Germany's fibre

Aims to lift services business in the medium term

Vodafone is putting some €2bn in investment into ultrafast fibre connections in Germany, the UK company's biggest European market.

The investment will move Vodafone toward 13.7 million new connections to homes and businesses in Germany by the end of 2021. Vodafone says the incremental spending will boost growth of service revenues in Germany by 1-2 percentage points in the medium term.