Spain will invest 4.3 bln euros in 5G infrastructure by 2025

MADRID: Spain will invest 4.3 billion euros ($5.15 billion) on deploying next-generation 5G telecoms technology and extending broadband coverage by 2025, the government said on Tuesday.

A total of 883 million euros is already in next year’s budget, which parliament is set to approve in the coming weeks and includes investments to extend broadband to rural areas.

“The goal is that everyone, regardless of where they live, enjoys the benefits of these advances in connectivity under a plan which is particularly relevant for rural Spain”,” Maria Jesus Montero, a government spokeswoman, said after a weekly cabinet meeting.