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Nokia lands 500m funding from EIB as Europe gets serious on 5G

2018-08-29 02:00:00| Total Telecom industry news

Finnish tech giant, Nokia, has secured €500 million of funding from the European Investment Bank, to fast track the development of key 5G infrastructure.  Nokia will pour the cash into a number of research and development initiatives aimed at accelerating 5G rollout across Europe.  "We are pleased to land this financing commitment from the EIB, who shares our view of the revolutionary nature of 5G …read more on TotalTele.com »

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Nokia signs EUR 500 mln loan with EIB to support 5G development

2018-08-27 12:05:00| Telecompaper Headlines

(Telecompaper) Nokia has signed a deal with the European Investment Bank for a EUR 500 million loan to support its investment in 5G R&D. The money comes from the European Fund for Strategic Investments, also known as the Juncker Plan, to provide financing for key infrastructure and development in the EU. 

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Ericsson secures 250m 5G finance package from EIB

2018-06-01 02:00:00| Total Telecom industry news

Ericsson has secured a €250 million credit agreement with the European Investment Bank. Ericsson will use the funds to press ahead with developing its 5G network solutions…read more on TotalTele.com »

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Deals this week: Faiveley Transport, China Railway Tunnel Group, The European Investment Bank (EIB)

2017-10-13 01:00:00| Railway Technology

Wabtec subsidiary Faiveley Transport has received a $100m contract from Alstom and Bombardier Transportation.

Tags: group week china bank

 

EIB to provide 500m for Bangalore Metro project in India

2017-10-10 01:00:00| Railway Technology

The European Investment Bank (EIB) has agreed to provide 500m to support the construction of the new 18-station Bangalore Metro Rail Project Phase II's Reach 6 line in the Indian state of Karnataka.

Tags: provide project india metro

 

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