Proximus secures €400 million EIB loan for accelerating Gigabit network deployment

The European Investment Bank (EIB) and Proximus S.A. have reached an agreement on a €400 million loan granted to the Belgian service provider to further roll-out and upgrade its fixed broadband infrastructure in Belgium, predominantly to help accelerate deployment of a Gigabit network of the future, bringing fibre to 85 per cent of businesses and to the centres of cities and communities in Belgium.