Telefonica and the Madrid City Council (Ayuntamiento de Madrid) recently launched a fiber-optic deployment project. The initiative will see the deployment of FTTH connection across 1.3 million households and businesses across the capital by the end of 2012.
Subscribers will be able to access internet connection speeds of up to 100 Mbps. Telefonica plans to invest over EUR 200 million in this project, Cinco Dias reports.
Telefonica's fiber-optic network currently covers the districts of Hortaleza, Arganzuela, Moncloa-Aravaca and Fuencarral-El Pardo. By year-end, the network will be extended to cover 80 percent of households and businesses in Madrid, and to 100 percent by 2015.
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