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Fiber optics: EIB promotes expansion in rural regions of Germany

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Published: September 22nd, 2024,
Last updated: September 26th, 2024

Glasfaserkabel für schnelles Internet durch Glasfasernetz - Digitalisierung
According to the Commission, only around 35% of households in Germany currently have fiber optic connections, far behind the average of 64% in the EU and UK.

The European Investment Bank (EIB) is granting Deutsche Glasfaser a loan of €350 million to bring high-speed internet to rural areas of Germany. The project supported by Invest EU aims to provide 460,000 households with fiber optic connections offering speeds of up to ten gigabits per second. The aim is to make regions that are often underserved fit for the digital future.

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