EUR1 billion investment in NGNs

8 Jan 2009

Prime Minister Jose Socrates has announced the government will provide a EUR800 million (USD1.09 billion) credit line to support Portugal Telecom, Zon Multimedia, Sonaecom and Oni in their plans to invest EUR1 billion to build out next generation broadband fibre networks this year. Socrates said the networks will cover 1.5 million homes and are considered imperative to help the country fight the economic downturn.



Have feedback, corrections, or story ideas? Send them to

Browse Past Issues


Filter CommsUpdate by the following categories or use the search.


Visit our help page information on performing advanced searches, including how to restrict the results by country or company.


CommsUpdate is an outstanding advertising venue for companies seeking to reach:

  • International carriers
  • Wholesale service providers
  • Equipment and software vendors
  • Telecom investors
  • Regulators

Learn more about advertising on CommsUpdate.