FibreConnect: 50 million EIB loan to develop fiber optic technology infrastructure in Italy – La Stampa

FibreConnect S.p.A., an independent operator offering wholesale-only, high-performance connectivity services for businesses in Italy’s Industrial and Artisanal Areas (AIAs), has signed a €50 million financing agreement with the European Investment Bank (EIB). The new line of credit is aimed at supporting the development of a fiber-to-the-home (FTTH) network in Italy connecting industrial and artisan areas to enable businesses to have access to ultra-high-capacity broadband line.
Construction of the infrastructure began in 2023 and the project is scheduled for completion by 2027. Read the full article.