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Broadband

Bretagne Telecom raises EUR 20 mln to fund next phase of growth

Tuesday 12 February 2019 | 08:11 CET | News
B2B telecom service provider Bretagne Telecom has raised funds worth EUR 20 million from Bpifrance and CM-CIC Investissement, in support of its goal to double in size by 2020, reports Les Echos. Founder and CEO Nicolas Boittin has retained a majority stake in the company following the transaction, which partially included borrowing through debt funding.

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Categories: Internet
Companies: Bretagne Telecom
Countries: France
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