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Broadband

Jazztel signs EUR 150 mln EIB credit for FTTH deployment

Friday 4 April 2014 | 11:20 CET | News
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Spanish broadband provider Jazztel has signed a credit of up to EUR 150 million with the European Investment Bank (EIB) to reduce financing costs and develop its FTTH network in Spain. The company said that the deal would give it "greater flexibility" to finance the expansion of its fibre optic network to 3 million households and businesses and free up funds for "possible future deployments" of FTTH. The operator had reached 1.2 million households by the end of December and said that an average of 10,000 new fibre contracts per month were being signed in the first months of 2014.

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Categories: Fixed
Companies: Jazztel / Telefonica / ZTE Belgium
Countries: Spain
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