Telecom Italia looking for funding for broadband expansion

21 Aug 2008

Local paper Milano Finanza reports that Telecom Italia has approached the European Investment Bank (EIB) for EUR550 million (USD811 million) to enable it to raise funds, at concessionary rates, for a EUR2.1 billion project to extend its broadband coverage and improve service quality on its existing networks.

Italy, Telecom Italia (TIM)