News
21 December 2020

EIB invests €100m to boost fibre optic network in Slovenia

In:
IT and telecoms
Region:
Europe

The European Investment Bank will invest €100 million in Telekom Slovenije and finance the extension of its Gigabit-speed-capable broadband network in Slovenia. The extended fibre optic network will enhance the quality of life and improve how business is done in the country while strengthening Slovenia’s resilience to natural disasters, such as the COVID-19 pandemic. 

Slovenian businesses and households, including those in rural areas not served until now, will be able to benefit from significantly increased speed, reliability, coverage and bandwidth in their internet connections, all at a lower cost. The EIB operation will accelerate the digitalisation of the Slovenian economy and support the European Union’s strategy to create a digital single market in Europe.

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