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Image header Agence Europe
Europe Daily Bulletin No. 10676
SECTORAL POLICIES / (ae) digital

EIB loan to Iliad Group for next generation fixed networks

Brussels, 28/08/2012 (Agence Europe) - On Monday 27 August, the European Investment Bank (EIB) announced that a €200 million loan was to be granted to the Iliad Group to finance the rollout of next generation fixed networks. Iliad Group is the parent company of Free, inventor of “Freebox”, the first multiservice box giving triple-play access (internet-telephone-television).

The loan announced on Monday follows directly on from a first funding contract of €150 million signed in 2010...