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Wireless

TIM awarded EUR 350 mln from EIB for 5G network rollout

Monday 25 November 2019 | 15:21 CET | News
Telecom Italia (TIM) has secured EUR 350 million in financing from the European Investment Bank (EIB) for its plan to bring the latest generation mobile phone networks to virtually all Italian residents and businesses. The 6-year loan agreement was signed in Rome by EIB vice president Dario Scannapieco and TIM CEO Luigi Gubitosi and covers TIM's 2019-2020 investment plans for completing 4G coverage and rolling out new 5G networks.

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Categories: Mobile & Wireless
Companies: European Investment Bank / Telecom Italia / TIM
Countries: Italy
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