France lends E2bn for web speed
January 20, 2010
The French government will provide E2 billion of soft loans to improve the country’s high-speed access, as part of a national loan programme to boost the economy through investment in infrastructure.
Prime Minister Francois Fillon said the government would make a series of low-interest loans to telecommunications groups, to encourage them to develop fibre-optic networks outside major cities. “We are at the dawn of the era of high-speed Internet and fibre-optic networks. However, 500,000 French people don’t have access to high speed Internet at all. This is not acceptable.”