Iliad Receives Loan For Fibre Roll-outAugust 2012 | Company News Alert
The European Investment Bank (EIB) will lend French alternative operator Iliad EUR200mn for the roll-out of next generation fibre networks. The agreement follows an earlier loan of EUR150mn signed by the EIB and Iliad in 2010. BMI believes the investment will help boost competition in the French market and increase penetration of next generation services, although we expect France will continue to lag behind other markets in the region in terms of access to high-speed broadband services.
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