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Broadband

Italian regions reach preliminary deal on broadband plan

Monday 15 February 2016 | 10:27 CET | News
Italy's Ministry of Economic Development (MISE) has reached a framework agreement with the country's regions to distribute the EUR 2.2 billion of public funds freed up in August to begin work on the country's EUR 12 billion broadband expansion plan. The funds will be added to EUR 1.2 billion in EU structural funds and allocated to around 7,300 so-called 'white zones' that have been unable to attract private investment. Under the terms of the draft deal, the subsidies will be distributed by state-owned infrastructure firm Infratel.

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Categories: Fixed
Companies: Infratel
Countries: Italy
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