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Wireless

DT applies for EUR 500 mln loan from EIB for mobile upgrade

Thursday 26 May 2016 | 11:02 CET | News
Deutsche Telekom has applied for a EUR 500 million loan from the European Investment Bank to help expand its 3G/4G coverage in Germany. The EIB said the loan would help "create a more competitive network with increased network coverage and more capacity for a wider provision of advanced mobile data services". The investments would take place in 2016-2017. The application is now under consideration by the EIB. 

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Categories: Mobile & Wireless
Companies: Deutsche Telekom
Countries: Germany
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