Need advice? Call our experts free on
0800 090 1342

Record levels of broadband funding approved by EC in 2010

Friday, January 21st 2011
Some €1.8 billion worth of grants was handed out by the body.
Record levels of broadband funding approved by EC in 2010
The European Commission (EC) approved record levels of aid for broadband development in its various member states last year.

More than €1.8 billion (£1.5 billion) of funding was approved over 20 projects in 2010, including the next generation broadband initiative in Cornwall and the Isles of Scilly involving BT.

This scheme is designed to transform the area into one of the best connected regions in the world over the coming years, with the telecoms giant revealing in excess of 10,000 businesses in eight Cornish communities will have access to fibre optic broadband by the end of March.

Joaquin Almunia, the EC's vice president for competition policy, said the administration is dedicated to helping European Union (EU) countries accelerate investments in broadband from both the public and private sectors.

"Smart investments into high- and very-high-speed broadband infrastructures are crucial to create jobs, increase economic performance and to unlock the competitive potential of the EU in the long term," he added.

Related Stories

Hyperoptic will be delivering superfast broadband to central Manchester residents.
Superfast fibre optic broadband has arrived in the market town of Wensleydale.
Businesses in Lancashire are being given the opportunity to take part in an event showing them how to use broadband to their best advantage next week.
Digital Derbyshire has delivered superfast broadband to Overseal, while connectivity work in nearby Melbourne is almost complete.
Over 300,000 homes and businesses in Birmingham have now been connected to fibre broadband, thanks to BT Openreach.
The world's fastest knitter has welcomed the arrival of superfast broadband in the Shetland Islands.

Add a comment

Comment
Your name
Your e-mail address

Comments (0)

Postcode checker
Compare broadband packages in your area
Postcode
Home  |  Guides  |  Links  |  Local  |  Sitemap  |  Privacy Policy  |  Terms
Copyright © 2005-2014 Broadbandchoice.co.uk. All rights reserved.