The French telecommunications provider Iliad, that provides fixed and mobile telephony services, prepaid phone cards, Internet access and hosting services, has signed a new $356 million loan deal with the European Investment Bank (EIB) to help the Iliad Group finance its mobile network deployment in France, in particular to consolidate its 4G network and deploy its 5G network. Since 2009, the EIB has financed Iliad, and with this new loan the total financing exceeds $1.3 billion. Having helped finance the development of the Iliad fixed network for more than a decade, the EIB is once again working with the group to provide financial support for the company’s latest generation of mobile networks. There was little information on what exactly the latest loan would be used for, but Iliad said it is devoted to providing digital coverage to the whole of France, including most rural areas. Ambroise Fayolle, Vice-President…
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