The RUNE project has the best funding model in the European Union (EU).
As Bernard Ivezic/Poslovni Dnevnik writes on the 4th of December, 2019, the Croatian-Slovenian optical infrastructure construction project, which is independent of the existing telecom operators, called RUNE, was declared the best in the whole of the European Union by the European Commission (EC) in the category of “Innovative financing, business and investment models”.
As the main issue when it comes to building optics in the European Union is precisely finding the right model to fund such projects, it is safe to say that this is also the most important award the European Commission awards as part of its European Broadband Awards for the year 2019.
Saša Ukić, director of Rune Adria, told Poslovni Dnevnik that the award was accepted on behalf of the project by the companies Vahta from Sežana (Slovenia) and 3t.Cable from Opatija (Croatia).
“This award will help us contract our first customers, which are telecom operators for us,” stated Ukić.
The RUNE project is being implemented by the Luxembourg-based Rune Crow, whose main investment partner is the first European broadband investment fund – the Connecting Europe Broadband Fund (CEBF).
In March, Rune signed contracts with a dozen cities and municipalities in Istria to build a FTTH, and the CEBF plans to invest as much as a massive 60 million euros in similar projects here in Croatia in the future.
Rune plans to deploy an optical network in Istria and the hinterland which aims to have to up to 110,000 end-users by setting up 22 optical access networks in consultation with cities and municipalities.
The total length of the new optical network is expected to be 2,200 kilometres. When Slovenia is included, the network will cover 3,676 villages with a more than impressive 372,315 connections in total.
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