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Articles tagged with: European Investment Bank

Nokia Siemens Networks multimode radio wins European Bank Support

Nokia Siemens Networks says that it has secured a EUR 250 million loan facility from the European Investment Bank for the development of its multimode Radio Access network technology.  more

Related Tags: nokia-siemens-networks, radio-access-network, siemens, umts, nokia-siemens


Orange Spain Secures European Loan for Broadband Expansion

The first EUR 300 million (US$418 million) tranche of a loan that the European Investment Bank (EIB) has granted to France Telecom to finance broadband investment in Spain, where it trades under the Orange brand, was signed today in Madrid.  more

Related Tags: orange-spain, madrid, presence, Spain


Study Sounds Warning on R&D Expenditure in Europe

Europe risks never being able to close its research gap with the United States if it cannot increase R&D investment in the services sector, according to a new study published today by the Centre for European Policy Studies (CEPS).  more

Related Tags: eu, edge, 3, oecd, play


Nokia Secures European Loan for Symbian R&D

Nokia says that it has completed a EUR 500 million (US$630 million) loan agreement with the European Investment Bank (EIB). The five-year loan will be used to part-finance software research and development (R&D) projects Nokia is undertaking during 2009-2011 to make Symbian-based smartphones more competitive.  more

Related Tags: nokia, smartphone, eu, smartphones, symbian, symbian-foundation


European Bank Lends to Fund Paraguay GSM Expansion

The European Investment Bank (EIB) is providing EUR68.5 million (US$106.9 million) to Millicom subsidiary, Telefónica Celular del Paraguay SA (Telecel) to part-finance the expansion of its GSM network structure. The remaining funds are being provided by commercial banks and TelecelÃ's own resources.  more

Related Tags: millicom, Paraguay


European Bank Lends to Brazilian Operator for GSM Expansion

The European Investment Bank (EIB) is lending a total of EUR 200 million to TIM Celular and its subsidiary TIM Nordeste for the expansion of their mobile digital communication networks in Brazil using 2G and 3G technologies. This represents the first project funded by the EIB to include UMTS broadband technology outside Europe.  more

Related Tags: roaming, mts, telecom-italia, tim, ict, edge, eu, gprs, umts, interoperability, Brazil


European Bank Lends to Brazilian Operator for GSM Overlay

The European Investment Bank (EIB) has provided a EUR250 million loan to Brazil's Vivo for the establishment of its GSM overlay network in the country. The project concerns the design, installation, commissioning and operation of a GSM overlay network operating in the 850 MHz frequency range in Brazil, together with the related investments in infrastructure, Operational Support Systems and IT systems, in order to support Vivo's strategic migration from a CDMA based network to a GSM based network.  more

Related Tags: european-commission, telefonica, portugal-telecom, eu, vivo, Brazil


Vivo approves US$360mn loan from EIB for network expansion

The EIB's terms are 0.6% above the DI overnight rate, running for nine years. The EIB offered Vivo the loan on September 27. more

Related Tags: portugal-telecom, telefonica, vivo, Brazil


EIB approves US$126mn loan for Movistar expansion

The European Investment Bank (EIB) has approved a 100mn-euro (US$126mn) loan to mobile operator Movistar Colombia, as part of a financing project for Telefónica units in the Andean region, EIB said in a statement. more

Related Tags: movistar


Euro Funding for New GSM Network

The European Investment Bank has announced that it is providing a US$51.2 million loan to Otecel for investment in a new GSM phone network in Ecuador. The rollout of the GSM network will extend coverage into areas of the country, which have not been yet served, and will allow for capacity increases in the main cities. more

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