French telco Iliad has signed an agreement with the European Investment Bank (EIB) under which it will borrow EUR200 million (USD250 million) in order to help finance the rollout of high speed broadband. Two-thirds of the funds will go towards improving the operator’s fibre-optic broadband infrastructure, while the remainder will used to boost ADSL-based speeds
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OVETEL Iliad secures loan from EIB for broadband improvements
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