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Government funds to the Broadband Programme

Government funds to the Broadband Programme

News article 26.11.2008 15.43 fi en

The Finnish state will contribute to the financing of the Broadband Programme. Public aid will cover 67 per cent of the investments at the most, with the government contribution amounting to a maximum of 33 per cent. Public funding is used when the target levels of the Broadband Programme cannot be achieved on commercial terms.

Public funding is subject to Regional Councils' and municipalities' participation in the construction of broadband networks and to the European Commission's approval of the aid. It is the Government's aim that EU structural funds could be used to decrease the municipalities' percentage in the investments.

The objective of the Broadband Programme is to provide everyone in Finland with 1 Mb/s broadband connection by the end of 2010 as universal service and a connection of at least 100 Mb/s, according to demand, by the end of 2015.