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General

Orange Spain awarded EUR 400 mln EIB loan for FTTH, 4G rollout

Wednesday 27 June 2018 | 08:39 CET | News
Orange Spain has received a EUR 400 million loan from the European Investment Bank (EIB) to help fund the rollout of new mobile and FTTH infrastructure, including related investments in the backbone network and IT systems. Specifically, the funding will be used to expand the coverage of its fibre-based network by 4 million households and continue growing its 4G network coverage throughout the country. The total cost of the project will be in the region of EUR 1.4 billion, said the EIB.

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Categories: General
Companies: European Investment Bank / Orange Spain
Countries: Spain
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