EIB funds €1bn ultrafast broadband in Italy
The European Investment Bank (EIB) has approved a financing package of up to €1 billion for FiberCop, a company managing Italy's advanced digital infrastructure. This agreement aims to accelerate the development of ultrafast broadband across Italy, significantly improving internet connectivity for citizens and businesses. The investment supports digital transformation and economic growth in the country. This initiative is part of the EIB's commitment to supporting digital infrastructure projects in Europe.
€1 billion EIB loan to boost ultrafast broadband in Italy for improved connectivity.