Altitude Infrastructure, a company responsible for the development of fiber optics network in Jura, has secured EUR83 million (US$98.97 million) loan from La Banque Postale with a tenor period of 26 years. This investment will help Altitude Infrastructure to complete its 30-year concession for construction, operation, maintenance, and marketing of the high-speed fiber optics broadband network in Jura.

The project aims to provide 100% connectivity within the district including households, businesses, and public buildings with the construction of 137,700 outlets. Part of the outlets, exactly 85,700 units, will be deployed before 2024 and become operational by 2025. The remaining 52,000 outlets are planned to be leased from 2034 under the regional Public Initiative Network (RIP).