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Broadband

Spain's Adamo secures EUR 600 mln funding to reach over 3 mln homes

Wednesday 28 July 2021 | 13:45 CET | News
Spanish broadband provider Adamo said it has secured EUR 600 million in a fresh funding round coordinated by banks including ABN AMRO, ING, Societe Generale and SMBC. The aim is to continue expanding its FTTH network to bring gigabit fibre-optic services to 3.2 million homes in digital divide areas in the "coming years". Adamo added that part of the new funding will go towards repaying existing loans obtained last year that allowed Adamo to close 2020 with 1.4 million homes covered.

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Categories: Fixed
Companies: Adamo
Countries: Spain
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