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Europe Daily Bulletin No. 8442

12 April 2003
Contents Publication in full By article 34 / 49
GENERAL NEWS / (eu) eu/eib
Nearly EUR 500 million for Telefonica for rollout of broadband technologies on local loop

Brussels, 11/04/2003 (Agence Europe) - On 8 April, the European Investment Bank (EIB) signed a EUR 500 million loan, divided into two tranches of EUR 125 and 375 million, to Telefonica in Spain, for adapting its local loop to broadband services across the existing telephony network. Classed as telecoms infrastructure of European interest (TEN), the project will allow the deployment of technologies such as ADSL (Asymmetric Digital Subscriber Line), ATM/IP (Asynchronous Transfer Mode/Internet...

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A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION