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Broadband

French B2B operator Linkt raises EUR 50 million through syndicated loan

Wednesday 26 September 2018 | 09:36 CET | News
Altitude's subsidiary Linkt has raised EUR 50 million to fund its development plans, securing a syndicated loan from four French banks (Credit Agricole Normandie-Seine, Banque CIC Nord Ouest, Caisse d'Epargne Normandie and La Banque Postale). Since it was created in 2016, the B2B operator has already invested EUR 150 million and has grown to employ 300 staff. Linkt's deputy CEO Quentin Mazurier told Les Echos that the new capital will be mainly used to strengthen the operator's fibre backbone infrastructure.

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Categories: Fixed
Companies: Altitude / Linkt
Countries: France
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