Connect with us

Internet

Investment Plan for Europe gives a boost to high-speed internet connection in Poland

SHARE:

Published

on

We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. You can unsubscribe at any time.

Lower population density areas in Poland will gain a better internet connection and access thanks to the deployment of very high capacity network broadband services under a project financed by the European Investment Bank (EIB) and backed by the European Fund for Strategic Investments (EFSI), the main pillar of the Investment Plan for Europe. The EU bank has agreed to lend up to PLN 325 million (approximately €73m) to Nexera to finance the rollout of a fibre-to-the-home access network in less densely populated areas of five Polish regions located in central and north-eastern Poland. Nexera plans to deploy a fibre-to-the-home network that will pass more than 700,000 addresses including households, businesses and schools in the five regions by 2025 connecting around 530,000 households and 1,400 schools by 2023.

Economy Commissioner Paolo Gentiloni said: “I welcome this financing agreement between the EIB and Nexera, which is backed by the Investment Plan for Europe. It will help provide a better internet connection to many households, schools and businesses in less populated areas. This is great news for Poland's digital transition and the connectivity of its citizens.” The Investment Plan for Europe has so far mobilized €546.5 billion of investment, of which around €21bn is in Poland. The press release is available online.

Share this article:

Share this:
EU Reporter publishes articles from a variety of outside sources which express a wide range of viewpoints. The positions taken in these articles are not necessarily those of EU Reporter. Please see EU Reporter’s full Terms and Conditions of publication for more information EU Reporter embraces artificial intelligence as a tool to enhance journalistic quality, efficiency, and accessibility, while maintaining strict human editorial oversight, ethical standards, and transparency in all AI-assisted content. Please see EU Reporter’s full A.I. Policy for more information.

Trending