France will invest EU20 billion for broadband fund

“French president Francois Hollande wants to take the cable-cutters to the country’s copper, announcing EU20 billion ($AU25 billion) worth of broadband funding to be spent over the next ten years. His aim is to bring universal fibre-based broadband to the country.

The cash-strapped government won’t be providing all the investment itself. In a speech delivered at Clermont-Ferrand last week, Hollande explained that one-third of the funds will be provided by carriers to service high-density areas; carriers and communities are expected to partner to fund rollout in medium-density regions; and the national government will dominate funding for rural areas.”

via France tries again, with EU20 billion broadband fund • The Register.

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