Slovenia’s former monopoly telco Telekom Slovenije has revealed that it plans to invest up to EUR450 million (USD619 million) between now and 2015 on building out its fibre-to-the-home (FTTH) network to reach 70% of households in the country of two million people. This year Telekom Slovenije has earmarked EUR50 million for its ‘F2’ fibre project, to deliver FTTH services to 50,000 homes in major cities, enabling access to faster internet speeds and IPTV services. According to TeleGeography’s GlobalComms database, the first FTTH connections went live in Nova Gorica in April 2007, providing maximum speeds of up to 100Mbps. Telekom aims to have 100,000 households connected with point-to-point active Ethernet technology by the end of 2008, 300,000 by the end of 2010, and 434,000 by 2015. The European Investment Bank has granted a EUR100 million loan to the operator for its fibre rollout.