Ericsson signs funding agreements with the European Investment Bank
· Ericsson has signed two 7-year funding agreements with the European Investment Bank (EIB) for a total of EUR 420 million · The loans will finance parts of Ericsson’s R&D investments in wireless technology up to 2025 · The R&D investments are an important contributor into Ericsson’s overall plan to reach the Net Zero target by 2040 through reduced energy consumption in the mobile networks globallyEricsson (NASDAQ: ERIC) is announcing that it has signed two agreements for funding with the European Investment Bank (EIB) for a total of EUR 420 million whereof EUR 250 million was