Sweden completes allocation of 2021 rural broadband funding

Sweden’s telecoms regulator, the Post and Telecom Agency (Post & Telestyrelsen, PTS), has completed its allocation of almost SEK1.6 billion (USD177 million) of funding earmarked to support rural broadband rollout projects in 2021. The funds are going towards 428 separate deployments across the country, covering some 67,000 premises. The watchdog said it received applications for projects worth around SEK7.5 billion and is encouraging those applicants who were unsuccessful to bid again next year.