Amendment of the direct subsidy to Telefónica for the submarine cable between the mainland and Gran Canaria
02 Apr 2026Effective: 01 Apr 202690 views
Who is affected:
Telefónica de España and the telecommunications sector; indirectly, citizens and businesses in the Canary Islands
Summary
The regulations governing the direct subsidy to Telefónica for deploying a submarine cable between the mainland and Gran Canaria, funded by Next Generation EU funds, are amended.
Detailed analysis
PRO
This Real Decreto amends RD 1124/2024, which granted a direct subsidy to Telefónica de España for the deployment of a submarine cable between the Iberian Peninsula and Gran Canaria, under the Connecting Europe Facility-Digital. The amendment affects the conditions or terms of said direct grant, funded by Next Generatio…
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Real Decreto 268/2026, de 1 de abril, por el que se modifica el Real Decreto 1124/2024, de 5 de noviembre, por el que se regula la concesión directa de una subvención a Telefónica de España para el proyecto de despliegue de un cable submarino entre la Península y la isla de Gran Canaria, del Mecanismo Conectar Europa-Digital, destinado a reforzar las interconexiones en el territorio del Estado, en el marco del Plan de Recuperación, Transformación y Resiliencia -Financiado por la Unión Europea- Next Generation EU.
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