Sipartech secures EUR 180 mln loan to extend long-haul network

Tuesday 8 June 2021 | 09:43 CET | News
France-based infrastructure operator Sipartech has agreed a EUR 180 million syndicated loan with financial firm Natixis with the aim to invest in its fibre network. Over the next three years, the company plans to extend the reach of its long-haul fibre optic infrastructure to new geographical areas in France and Europe. The first phase of construction will be completed by the end of the year in two French regions (Provence-Alpes-Cote d'Azur and along the Atlantic coast), adding 1,400 km to Sipartech's existing European network of 25,000 km, including 13,000 km in France.

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Categories: Fixed
Companies: Sipartech
Countries: France
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