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EC looks to get 9.2 billion euro broadband investment approved

Written by Andre Yoskowitz @ 17 Oct 2011 9:12 User comments (1)

EC looks to get 9.2 billion euro broadband investment approved The EC is preparing to invest about 9.2 billion euro into broadband infrastructure as the Commission wants faster Internet speeds across the European Union.
Mainly, the plan is aimed at stimulating investment into rural broadband.

Additionally, the EC wants all European households to have, at minimum, 30Mbps broadband connections by 2020, with over 50 percent of the population with 100Mbps by then.

Doing so will make the region for competitive, says the BBC.

The investments, if approved, would begin in 2014 and end in 2020.

Tags: EU Internet EC
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1 user comment

118.10.2011 09:32

We need some serious reform in the US or something. Not sure about speeds in the UK or anywhere else, but it's ridiculous the amount of IP we throw out all over the place and we average 10MB in a usual household. Cable companies still toting regional monopolies; I pay $53 a month and can't say I get more than 70% what I pay for at any given time, if the connection is working at all.

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