BROWSING: EIB

Sateliot gets €30m from EIB to expand NB-IoT satellites – as first services go live

The European Investment Bank (EIB) has granted a €30 million loan to Barcelona-based startup Sateliot to co-finance the rollout of its constellation of over 100 low-Earth orbit (LEO) satellites, geared to provide non-terrestrial NB-IoT extensions for low-power IoT applications in remote environments. A statement...

Iliad gets financing from the EIB to expand its 5G footprint

Iliad said its 5G coverage rate in France currently reaches over 94.4% of the population The European Investment Bank (EIB) has granted French operator Iliad a new €300 million ($329 million) loan to finance its 5G network rollouts, the company said in a release. This is...

Orange gets financing from EIB to expand 4G, 5G infra in France

Orange said the new financing will enable the telco to boost 4G networks in rural parts of France French operator Orange has secured financing for a total of 500 million euro ($530 million) from the European Investment Bank (EIB) to partly finance the deployment of...

Europe announces major release, review of public-private 5G funds to spur economy

The European Commission has published a major review of funding for 5G-based and 5G-related industrial transformation, including €10 billion of new public-private partnership (PPP) funding to drive the region’s digital and green agendas, and a series of “ambitious” recommendations to raise venture funding in...

Telefonica Deutschland secures key financing for 5G network rollout

European Investment Bank loaned nearly $500 billion for 5G German telecom operator Telefónica Deutschland has secured a EUR 450 million ($ 495 million) loan from the European Investment Bank (EIB) to rollout its 5G network and further consolidate its LTE network. In December Telefónica Deutschland announced that...

Nokia mainlines 5G for industrial transformation in Europe with €500m loan deal

Nokia's new €500 million loan from the European Investment Bank for 5G research and developnent will boost the region's drive for industrial and economic transformation, as US and Asian markets push ahead. Nokia told Enterprise IoT Insights 5G will shift the European economy up a...