€258 Million in EU Fund for 5G and Gigabit Networks

The European Commission invited interested parties to funding aimed at improving 5G, cloud infrastructure, and high-speed Gigabit networks throughout the EU. A total of €258 million is available in 11 projects with a submission deadline of 22 March.

A particular focus is being placed on 5G coverage along cross-border corridors and for local communities. The call for proposals comes under the digital part of Connecting Europe Facility (CEF Digital), a key EU funding instrument.

The move follows the adoption of the first work program for CEF Digital in December 2021, which earmarked more than €1 billion in funding for the period from 2021 to 2023. The total planned budget for CEF Digital is up to €2 billion by 2027.

The entire Connecting Europe Facility program, which supports investment in trans-European digital, transport, and energy networks, is worth €33.7 billion from 2021 to 2027. An initial generation of CEF, covering 2014 to 2020, contributed to the free Wi-Fi program WiFi4EU, along with other cross-border digital infrastructures and services.



URL for news «€258 Million in EU Fund for 5G and Gigabit Networks»   -
«ICTbusiness.biz»   -