Nokia secures €870 million EIB loan for Next‑Gen mobile research

Nokia secures €870 million EIB loan for Next‑Gen mobile research

Nokia has secured a €870 million long‑term loan from the European Investment Bank (EIB) to support its research and development of next‑generation mobile technologies, including 5G‑Advanced and AI‑enabled 6G. The financing is part of a European strategy to strengthen technological capacity and competitiveness in digital infrastructure, ensuring Europe remains at the forefront of telecommunications… Source

Nokia receives €870 million loan from EIB for next-generation mobile research

Nokia will receive up to €870 million in long-term financing from the European Investment Bank to support its development of next-generation mobile technologies. The Finnish telecommunications company plans to use the funds for research into 5G-Advanced and 6G systems, with a focus on improving performance, energy efficiency, and cyber security in future mobile networks. The project also includes integration of artificial intelligence in mobile …