Deutsche Telekom plans to create a new subsidiary that will focus on FTTH deployment and is looking for 1,500 employees for the subsidiary, according to the Financial Times Deutschland citing unnamed sources. The new company has a project name FTTH GmbH and should ensure a more rapid roll-out of FTTH networks within Germany. The company will first hire trainees from the Technology and Service divisions, who cannot be given a job at Deutsche Telekom. They will get a two years contract. FTTH GmbH will have several hundred of employees in 2012, according to confirmation from a Telekom spokesman. The company will have around EUR 1.5 billion to invest if the current demand for FTTH service stays on the same level. Deutsche Telekom is currently gathering experience with deploying FTTH with projects in 10 cities and plans to have around 160,000 active FTTH homes before the end of this year.
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