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Broadband

Magyar Telekom gets EUR 150 mln loan from EIB to expand broadband network

Friday 20 December 2019 | 10:42 CET | News
Magyar Telekom entered into a EUR 150 million loan agreement with the European Investment Bank (EIB) for a project that concerns the rollout of advanced broadband networks in Hungary. Magyar Telekom's new networks will enable broadband services up to 1 Gbps. The measures will include the upgrade of the existing TV cable network with the latest broadband technology as well as the further expansion of the fibre-to-the-home network.

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Categories: Fixed / Internet
Companies: European Investment Bank
Countries: Hungary
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