closedownarrowlogo-verticalmenu-barsearch Skip to main content
Jump to navigation
fibre optic broadband large

The European Commission has unveiled a new €315 initiative to improve broadband services and infrastructure across the continent.

The funding is intended to make Europe more attractive for investment, by removing regulatory bottlenecks and boosting improvements in broadband networks, transport and education, as well as research and innovation.

Most of the money is intended to come from the private sector, with €315 billion of additional investment rolled out over the next three years, until 2017.

One specific initiative mentioned by the EC is the Connecting Europe Facility (CEF), which originally had €9.2 billion set aside for broadband improvements but now has new funding proposing a similar outcome.

EC President Jean-Claude Juncker, who has previously called for "far-reaching and faster broadband across Europe", said that the new funding is an ambitious new way of boosting investment, without creating new debt.

He added: "Now is the time to invest in our future, in key strategic areas for Europe, such as energy, transport, broadband, education, research and innovation. Europe needs a kick-start and today we are supplying the jump cables."

Join the conversation

comments powered by Disqus

Stay up to date

  • Google+ Follow uSwitchTech
  • Subscribe to our RSS feed

Latest Comments

  • Sandy Birch 3 days ago BT Vision customers to get free... There are 2 links offered on the invitation letter to get a new YouView+ upgrade. does...
  • Dilson Von Belper 4 days ago BT Smart Hub review I agree ..but I called BT and had such a fight, many calls back and forward to India and South Shields ,...
  • Melanie Jane Shields-Appleton 5 days ago Ofcom unveils plan to bring... Hi David, I moved a 3 year old house on the 5th April, I was assured by BT I would get fibre but once I...

Search news