EC approves EUR 17.3 mln for Altice data centre
Thursday 10 December 2015 | 14:29 CET | News

The Portuguese Government has received the green light from the European Commission to grant a Community contribution of EUR 17.3 million to the Altice data centre in Covilha, informed sources told Diario Economico. At issue was a total investment of EUR 84 million, sponsored by Portugal Telecom Data Center, now in the hands of Altice. But according to Community rules, all investments exceeding EUR 50 million require prior authorization from Brussels to receive incentives.

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