Free obtain a 150 millions euro loan to install fibre optics

Free annonced that they have obtained European Investment Bank a loan of 150 million euros that will be intended to bring fiberoptic to 4 million French households by the end 2012. This loan will be also used by the company to deploy 600 to 800 new connection nodes.
This advertisement arrives just after that of the results of the first half of the year which allowed Free for the first time not to lose more money with the subscribers resulting from the purchase of Alice. They have announced that the whole of Paris would be " fibred" within a year. After years of projects and promises fallen through, it thus seems well that the large scale
deployment of fiberoptic has really started.