Meath in Ireland is set to benefit from an investment of €20 million for the roll out of fibre broadband.
The FTTH Council Europe has released the findings of its new study – carried out by WIK – on the socio-economic benefits of fibre, which explores whether fibre-based connectivity is transforming and enhancing the way we live, do business and interact.
The latest figures of the FTTH Market Panorama - prepared by IDATE for the FTTH Council Europe - were released at the FTTH 2018 conference in Valencia.
The figures demonstrate that the number of fibre to the home (FTTH) and fibre to the building (FTTB) subscribers in Europe has increased, with more than 5.1 million FTTH/B subscribers in the EU39 by the end of September 2017 – a 20.4 per cent rise on September 2016.
Fibre-based service provider Hyperoptic has secured an additional £100 million in funding to accelerate the deployment of gigabit broadband networks to UK consumers.
The cash injection comes from a consortium of four tier-one European banks: BNP Paribas, ING, RBS and Dutch investment bank NIBC. LionTree Advisors acted as Hyperoptic’s financial advisor.
Credit: Hadrian/Shutterstock.com
While the ongoing pandemic has created widespread disruption and uncertainty, one of the results is the increased rate of FTTH/B subscribers.
Sabelskaya/Shutterstock.com
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