Kabelnoord inks financing deal for fibre project in outlying areas

Wednesday 4 April 2018 | 14:51 CET | News
Dutch operator Kabelnoord has achieved the financial position and can now start its fibre projects in the outlying areas of Friesland. Loan agreements were signed with two banks on 29 March. Earlier, on 3 October 2017, it was announced that Kabelnoord was granted a loan from the province. The province's loan amounted to EUR 35 million, but Kabelnoord needed a total of EUR 60 million. That has now been arranged and with that the company can start work. Construction will begin in June. The whole project must be ready by 1 April 2021 at the latest.

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Categories: Fixed / Internet
Companies: Kabelnoord
Countries: Netherlands
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