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Wireless

Nokia signs EUR 250 mln loan from Nordic Investment Bank for 5G R&D

Monday 3 December 2018 | 13:09 CET | News
Nokia said it has signed a EUR 250 million loan transaction with the Nordic Investment Bank (NIB) to finance research and development activities related to 5G. The loan has an average maturity of approximately five years after disbursement and will be directed towards R&D focused on 5G activities in Europe from 2018-2020, including IoT applications in various sectors.

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Categories: Mobile & Wireless
Companies: Nokia
Countries: Scandinavia
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