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Italy plans to spend nearly 10 billion USD on super-fast broadband network

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Italy plans to spend more than 8 billion euros ($9.76 billion) on broadband, fifth-generation mobile networks (5G), satellite technology, and wants super-fast Internet connections for all by 2026. .

Italy plans to invest in a super-fast Internet with a speed of 1 gigabyte to provide it to all people by 2026. Artwork: jedsundwall.com Italy plans to expand its tax relief plan to quickly bring superfast broadband to buildings. The move comes as the country struggles to close the gap in digital development with the rest of Europe. The European Union’s (EU) third-largest economy now ranks second from the bottom out of the bloc’s 27 member states in terms of Internet usage. According to the latest EU data, about 17% of Italians have never used the web and only 13% of Italian households sign up for a super-fast broadband connection with a speed of at least 100 megabytes. Italy’s new government, led by former European Central Bank chief Mario Draghi, plans to spend more than 8 billion euros ($9.76 billion) from EU support funds on broadband, mobile networks. fifth generation (5G) and satellite technology and want a super-fast Internet connection at 1 gigabyte made available to all Italians by 2026. With this goal in mind, the Italian government is considering measures such as deploying fiber optic cables or exempting existing tax rates for residents when renovating the telecommunications network for their homes. This measure allows people to be partially exempted from the current 110% tax rate when renovating and upgrading telecommunications networks to help houses “become smarter”, thereby enhancing energy savings. quantity./.