Caisse des Depots to invest EUR750m in FTTx

15 Sep 2009

French state-owned financial group Caisse des Depots plans to invest EUR750 million (USD1.09 billion) over three years to support fibre rollouts in areas of low population density, La Tribune reports prime minister Francois Fillon as saying. Fillon says that in total several billions of euros will be needed to deploy ultra-high speed broadband networks across the country through a combination of FTTx and wireless technologies. He also insisted that public investment could only be considered as ‘complementary to private initiatives’.