iliad secures €300m from EIB for FTTH rollouts
EIB has signed a €300 million ($324.4 million) loan with iliad to accelerate the roll-out of ultra-fast broadband in France, including less dense and rural areas.
The new loan brings the total amount of financing provided to iliad by the EIB to more than €1.4 billion ($1.5 billion) since 2009. The loan has a maturity of up to six years and it is in line with the European objective of improving ultra-fast connectivity for businesses and individuals.