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Broadband

Iliad agrees EUR 300 mln loan with EIB to fund FTTH network expansion in France

Monday 4 March 2019 | 13:00 CET | News
Update: 5 March 2019 | 09:18 CET
Free's parent company Iliad has signed a EUR 300 million loan agreement with the European Investment Bank (EIB), in support of its FTTH network activities. The operator currently markets its fibre-based broadband packages to a footprint of 10 million French premises, with a target of 20 million by end-2022. Over the last year, it has signed several new partnership agreements with public initiative networks to expand the reach of its offering, most recently with the rural fibre networks operated by Covage. Overall, it employs a workforce of 3,000 dedicated to its fibre operations.

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[05/03/2019 09:18 - Update: Target of 2 mln FTTH subscriptions]


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Categories: Fixed
Companies: European Investment Bank / Free / Iliad
Countries: France
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