Monday, June 18, 2012

Birmingham - EC gives approval for €6 million of state aid for broadband

The European Commission approved €6 million of public financing for the construction of an ultra-fast broadband network in the city of Birmingham to be in line with EU state aid rules, in particular because it will be genuinely open to all operators and will therefore promote competition.

Commission Vice President in charge of competition policy Joaquín Almunia said:

Investments in ultra-fast broadband networks contribute to promoting growth in line with the EU's Digital Agenda. If such networks are built with the help of taxpayers' money, it is important to ensure thriving competition on the subsidised networks, so that local businesses and citizens can benefit from continuously improving broadband services at competitive prices.

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