Reuters exclusively reports Deutsche Telekom seeks investors to bankroll German internet overhaul

Reuters exclusively reported that Deutsche Telekom is offering investors stakes in a company it is creating to overhaul Germany’s internet cables to help foot the bill for much-needed network modernization. The deal is part of a German bid to catch up with other European countries such as Spain, which has outpaced Europe’s industrial powerhouse by laying high-tech glass fibre cables while Germany is mainly stuck with old-fashioned copper lines.