EU regulators clear $4.5 billion Italian broadband plan
Google buys 12-year output from Norwegian wind power farm
June 30, 2016
Qualcomm files 17 new complaints in China courts against smartphone maker Meizu
June 30, 2016
This post was originally published on this site
BRUSSELS – Italy gained EU regulatory approval on Thursday for its 4 billion euro ($4.5 billion) plan to bring fast-speed Internet access to areas where it currently not available.
The Italian National Ultra-Broadband Scheme, which will run until the end of 2022, complies with the bloc’s state aid rules, the European Commission said in a statement.
The EU executive is seeking to boost online cross-border trade and economic growth and has come up with several measures to support this goal.
(Reporting by Foo Yun Chee; editing by Philip Blenkinsop)