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Broadband

Masmovil cancels two-thirds of state-backed rural fibre projects - report

Tuesday 3 April 2018 | 08:52 CET | News
Spanish telecommunications provider Masmovil, the country's fourth largest network operator, has decided to cancel two-thirds of the digital divide fibre broadband projects it had signed up to because they aren't economically viable, reports business daily Expansion. The company had committed to 18 projects backed by the government's Broadband Expansion Programme (PEBA) for 2017 and was due to receive EUR 4.70 million in state aid to roll out fibre networks in underserved rural areas but has rejected EUR 3.03 million of that amount for a total of 11 projects.

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Categories: Fixed
Companies: Masmovil
Countries: Spain
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