Kabelnoord still needs EUR 60 mln for Friesland rural fibre rollout

Wednesday 6 December 2017 | 22:44 CET | News
The Frisian cable company has asked banks for financing quotes. Banks need time to prepare and approve quotations. After the choice of a bank, all discussions must be processed by lawyers into an agreement. This will also apply to an agreement between the bank and the province and the province and Kabelnoord. All agreements must then be approved internally by the parties involved. Without this additional financing, Kabelnoord will not be able to start with the deployment of fibre in the outlying areas of Friesland.

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Categories: Fixed
Companies: Kabelnoord
Countries: Netherlands
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