Bulgaria Allocates 240 Million Euro for High-Speed Internet

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November 10, 2023

Bulgaria has allocated nearly 470 million levs ($256.8 million/240.3 million euro) to provide high-speed Internet and mobile connectivity in remote and sparsely populated areas of the country, the Ministry of Transport and Communications said on Friday.

The funds will be sourced from the EU-backed National Recovery and Resilience Plan and will be made available to the local mobile operators after a competitive tender procedure, the ministry said in a press release.

The plan includes the construction of 3,700 km of new optical routes, while over 1,800 km of existing cables will be replaced with higher-capacity ones.

VIA SeeNews