When it comes to the fast internet, many remote & rural areas in Europe are still not covered. We want to change this in order to build a true #gigabit society & boost digital economy in cities & villages. That’s why together with The European Investment Bank we’ll launch a new Fund to stimulate investment in #broadband Infrastructure.
We expect the fund to raise at least €500 million. European Commission will contribute €100 million via the Connecting Europe Facility. Details here: http://bit.ly/2gDG9GC
Connecting Europe Broadband Fund
The new Fund This will lead to an investment platform combining private and public commitments. It’s an important step towards the deployment of the very high-capacity networks that Europe needs for its digital economy and society.
