GlobalConnect, a leading Nordic provider of digital infrastructure, has launched construction of a new subsea fiber-optic cable that will directly connect Sweden and Finland via the Åland Islands. 76 million in funding from the European Commission's Connecting Europe Facility (CEF) for seven communications projects. In addition, four Swedish projects are partly placed in Finland. The Ministerial Finance Committee decided in favour of the. The Finnish authorities favour a competition-driven, fibre-based network roll-out assisted by public funds for underserved areas and advice for local municipalities on how to deploy digital connectivity networks. Municipalities should seize this opportunity, as the total allocated sum of 32 million euros must be granted by the end of 2023. The needs of both business and consumers have been taken into consideration in the strategy.
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