Proximus bags €400mn loan for fibre rollout

Proximus has announced it will be the recipient of a €400 million loan from the European Investment Bank for the roll-out and upgrading of its fixed broadband infrastructure in Belgium.
The money will be used as part of the Fiber for Belgium project, with the telco committing to bringing fibre to 85% of businesses and to the centres of cities and communes in Belgium. Over the next 10 years, the project will aim to invest $3 billion to future-proof the network.
“We are pleased to suppo