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Reggefiber also turns to EIB for FTTH project financing

Thursday 21 January 2010 | 12:22 CET | Author: Tim Poulus | Market Commentary
Dutch fibre network operator Reggefiber has applied to the European Investment Bank for financing. Its shareholder KPN already said last year that it was looking for new sources of financing for the venture and hoped to find external funds in the first half of 2010. Reggefiber has applied for a loan of EUR 130 million. While the EIB has made the application public, this probably only means that they have spent some time looking at it. Reggefiber appears to have a good chance of getting approval for the loan. The project financing would cover 33 cities and towns where open FTTH networks

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Categories: Fixed
Companies: KPN / Reggefiber
Countries: Netherlands
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