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January 30, 2009

Rural areas could benefit from euro investment


by David Allen

Following plans made in the UK and US, the European Union is planning to make a billion euro investment into providing rural areas with a broadband service.

This will serve two purposes; firstly rural areas could benefit from the introduction of high speed internet, and secondly the EU believes that this investment could create up to a million jobs throughout the European community and add value to the economy of 850 million Euros by 2015.

It is not known if those areas in the UK where broadband is either nonexistent or unreliable, will be able to receive any funding to help them find ways of delivering broadband services to their communities.

Story link: Rural areas could benefit from euro investment


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