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News: NHF Nokia And NIB Agree EUR 250 Million Financing For 5G Research And Development

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    03/12/18
    20:35
    Post #: 36735569

    Dec 3 (Reuters) - Nokia Oyj NOKIA.HE :

    • NIB AND NOKIA AGREE EUR 250 MILLION FINANCING FOR 5G RESEARCH AND DEVELOPMENT
    • LOAN HAS AN AVERAGE MATURITY OF APPROXIMATELY 5 YEARS AFTER DISBURSEMENT
    • LOAN, WILL FINANCE NOKIA'S EXTENSIVE RESEARCH AND DEVELOPMENT PROGRAM FOCUSED ON 5G ACTIVITIES IN EUROPE IN 2018-2020.
    • INVESTMENT WILL ESPECIALLY CONCENTRATE ON DEVELOPING NEW 5G-RELATED END-TO-END PRODUCT OFFERINGS FOR DIFFERENT BUSINESS AREAS.
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