Telekom Austria (NYSE: TKA) had set a high rollout bar for its Fiber to the X (FTTX)-based 'GigaNet' network, but the service provider reports that it has surpassed that goal by reaching 1.5 million, or 36 percent, of homes and businesses within the country. This latest milestone surpasses Telekom Austria's initial 750,000 homes and businesses goal.
"One year ago, we started the implementation of a nation-wide broadband rollout plan targeting 750,000 households and commercial businesses until year-end 2010," said Hannes Ametsreiter, CEO of the Telekom Austria Group in a release. "As of today, we have already exceeded this target and reached the 1.5 million mark."
Going forward, Telekom Austria expects to have two million homes and businesses connected to the GigaNet network by 2013.
To stay on pace with its broadband goals, Telekom Austria just updated another 190 switching centers in its densely populated urban areas with its [email protected] technology, bringing it to 687 [email protected] locations. In August, Telekom Austria said it would expand its FTTX footprint with VDSL2 to cover 40 percent, or 1.59 million of the country's homes by the end of the year. Complementing its VDSL2 deployment will be its FiberCities project. Initially set to be rolled out in Villach and Klagenfurt, Telekom Austria expects to reach 97,000 homes.
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