Three tranches of more than 6 billion euros each will fund the planned network rollout, Hollande said. One will come from network operators, one from a mix of operators and local government and the last from state and local-government money.
Local governments' outlay will be funded using tax-free, regulated deposits gathered by state bank Caisse des Depots.
By 2017, the end of President Hollande's first term, 50 percent of the country will be covered under the plan.
Thursday, February 21, 2013
France - Government to contribute towards EUR 18 billion needed for network roll-out
Reuters reports the French Government plan for funding broadband: