The optical fiber FTTH
The optical fiber FTTH is the technology that allows households and businesses to be connected to the internet and the world with a very fast speed and efficient transmission. Even today, the percentage of people who enjoy this technology is very small and is mostly limited to big cities.
When Telefonica company chairman was asked about its investments in optical fiber he said that "There are mayors asking me about optical fiber in his towns but Telefonica is not an NGO", and adding that "in Spain people requires having broadband in towns where there is not yet water".
The Centelles project
ECrowd! presents the project of collective investment loan for the expansion of the coverage of the local fiber optic network of the town of Centelles in the province of Barcelona, of 7,000 population. The town is very special from the energy point of view, as since 1926 has its own municipal electric power trading company.
FIBRA OPTICA CENTELLES SL, is a private local operator of the same group that has previous successfully funded the expansion of the fiber optic network of l'Ametlla de Mar (Tarragona) with ECrowd!, is developing since 2013 a fiber optic network Local FTTH in Centelles (Barcelona). The local operator now needs raise finance for an investment of € 75,000, that here we structure in 3 consecutive sections of 25,000 €.
The impact of this investment
The investment will help to extend fiber optic telecommunications to 900 new customers (households and companies) of Centelles until 2018, and it will improve their well-being and competitiveness.
External technical verification agency for this project:
Additional information: How to invest with ECrowd!
ECrowd! never charges any commission, neither on your investment nor on the interests you receive.
The appropriate income tax is deducted from the interests received for spanish residents.
The interest rate on your investment can be dependent on the success of the actual project. It is occasionally possible that the actual interest rate differs from the one initially advertised. Please read attentively the information on each project before investing. Diversifying your investments is the optimal strategy to manage your investment portfolio.
videos of the project
Carles Bock, CEO of FIBRA OPTICA CENTELLES SL, explains his experience with crowdlending, after successfully completing ECrowd! fundraising for the expansion of the fiber optic network of l'Ametlla de Mar (Catalonia, Spain).
Ecrowd does not charge any commission on your investments or received interest.
The received interest will be subject to the applicable withholding tax.
Ecrowd is a regulated crowdlending operator (Plataforma de Financiación Participativa) with a licence from the Spanish Financial Authority (CNMV).
Ecrowd is not an investment services company or credit institution and does not participate in any investment guarantee fund or deposit guarantee fund. The investment projects presented on this platform are not subject to authorization or prior supervision by the CNMV or the Bank of Spain, and the information provided by the developers has not been reviewed by these institutions. All funds are deposited on the electronic payments platform LemonWay payment, which is registered with Bank of Spain. The performance of your portfolio depends on the success of each individual project. There is a risk of total or partial loss of the invested capital, not obtaining the expected financial return and limited liquidity. Carefully read the detailed project information before commiting to any investment. By investing in this project, you expressly state you have received, read and accepted the general conditions of Ecrowd Diversification is the optimal strategy for managing your investment portfolio.
More information: how to invest with Ecrowd