EIB lends Elisa EUR 150 mln for Finnish, Estonian 4G grids

Tuesday 6 October 2015 | 22:48 CET | News
Elisa and the European Investment Bank (EIB) have signed a EUR 150 million loan agreement. The loan will support investments in Elisa's Finnish and Estonian LTE networks, where mobile data traffic is expected to increase manifold in the coming years. Elisa invests approximately EUR 200 million in telecommunications infrastructure annually. The investment will accelerate mobile data market growth and ensure first-class services to meet the needs for future maritime use.

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Categories: Mobile & Wireless
Companies: Elisa
Countries: Estonia / Finland
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