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 Thursday, 11 November 2010
The German federal government plans to reach at least three quarters of all households with super-fast broadband networks by 2014, according to its 'Germany Digital 2015' IT strategy seen by Handelsblatt newspaper. The government estimates that one million jobs could be created across Europe by 2020 under plans to roll-out super-fast broadband networks. The German ICT industry currently has around 823,000 workers and the government estimates that 30,000 new jobs will be created in the coming five years. The government plans to set up a second High Tech Start-Up Fund in 2011 to fund technology-focused start-ups not older than 12 months. Major corporate players such as BASF, Siemens and Telekom Deutschland would participate in the fund.
Source: TelecomPaper