Marcus Kleiner
Hamburg Commercial Bank financing expansion of broadband network in Austria
Hamburg – Hamburg Commercial Bank will provide the Austrian broadband company Infotech with a loan in the amount of € 30 million for a rollout of an FTTH-Network (fiber to the home).
This is the first project finance scheme for a broadband and fiber optic project in Austria. The objective of the project ‘Cybercity’ is to supply permanent broadband to a total of more than 30 communities in the Innviertel...