(+34) 913 497 100 | News Invest in Spain news Do your search Home News Spanish Government approved 95 million euros for 5G and 6G networks Spanish Government approved 95 million euros for 5G and 6G networks ICT Innovation Why Spain 01 DECEMBER 2021 The measure aims to attract investment and encourage the emergence of new innovative companies throughout the country Spanish Government approved a new allocation of 95 million euros for research into 5G and 6G networks to attract investment and encourage the emergence of new innovative companies throughout the country. "We have a firm commitment to the extension of 5G," said the president of the Spanish government, Pedro Sánchez, in the announcement of this measure, in a ceremony with founders and executives of startups, directors of large national companies and international companies, investors and representatives of educational institutions and the Public Administration as audience. "Spain is by far the country with the largest fibre optic extension in Europe. We have more fibre optic than, for example, the sum of large countries such as Germany, France or Italy. This therefore gives us a competitive advantage with respect to the leap we have to make in 5G and 6G," he said. The head of the Executive highlighted that, to develop the activity of entrepreneurs, with the help of European funds from the Recovery, Transformation and Resilience Plan, the Government will allocate 1.367 billion euros in 2022 to improving connectivity in Spain. Of this amount, 631 million euros will be for the development of 5G and 736 million for the further roll-out of high capacity broadband networks. Photo: Pool Moncloa/Borja Puig de la Bellacasa Subscribe to our Newsletter SIGN UP See latest issue Related news 08 JUNE 2020 The Swiss company Ypsomed is seeking between 30 and 40 software developers for ... Read more 23 JANUARY 2018 ICEX-Invest in Spain allocates up to two million euros to attracting projects ... Read more 03 DECEMBER 2020 ICEX-Invest in Spain allocates two million euros to attracting innovative project ... Read more Our brands: Invest in Spain About Us Global Network Regions Innovation Startups Sustainability LATAM Desk China Desk Publications Events What's on Why Spain Economy Infrastructures Talent Taxation Quality of Life Industries Aerospace Agri-food Audiovisual Automotive and mobility Chemical industry ICT Life Sciences Logistics and transport Renewable Energy Tourism and Leisure Doing Business Company set up Taxes Labour market Aids and incentives Visas Intellectual property Living in Spain We help you Innova Invest Smart Technology Fund Investors Network Investor Services Rising Up in Spain Social Networks European Regional Development Fund A way to make Europe All rights reserved. ICEX © 2020 Legal Terms Privacy policy Cookies policy Site Map Accessibility COOKIES NOTICE We use our own and third-party cookies exclusively for internal and analytical purposes. They allow us to remember, control and understand how users navigate through our website so we can offer a service based on the user's browsing information. Some belong to third parties in countries whose legislation does not guarantee an adequate level of data protection. Click here for more information about our cookie policy. You can accept all cookies by clicking the "Accept" button or configure or reject their use by clicking "Settings". ACCEPT SETTINGS