EC pumps EUR573m into Italian broadband

5 Apr 2019

The European Commission (EC) has promised Italy EUR573 million (USD643 million) to help fund a national broadband project. The scheme, which aims to bring fast internet access to more than 12.5 million people in 7,000 underserved Italian communities, with the EC providing 60% of the costs. The investment comes as part of EUR1.9 billion EC funding in Italy, which is dedicated to investments in broadband and digital services.

Corina Cretu, Commissioner for Regional Policy, said: ‘This EU-funded broadband project, which covers 20% of the Italian population, means unprecedented business opportunities, better public services and better quality of life for the Italian people.’