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Broadband

Epic bags EUR 19 mln from EU to accelerate fibre network expansion

Thursday 8 April 2021 | 11:05 CET | News
Cypriot operator Epic said it obtained EUR 19 million from the European Investment Bank (EIB) and the European Fund for Strategic Investments (EFSI) to accelerate the expansion of its fibre network. The new investment will support the installation of a 1,600-km fibre-optic network with gigabit services to connect cities and rural areas. The new investment will also help improve the country's fast broadband access, which is currently lagging behind the EU average, Epic said. 

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Categories: Fixed
Companies: Epic / European Investment Bank
Countries: Cyprus
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