NIB financing Nokia’s 5G research and development program
The Nordic Investment Bank and the Finnish multinational telecom company Nokia have signed a loan agreement totalling EUR 250 million to finance research and development activities related to 5G mobile technology. The loan, which has an average maturity of approximately 5 years after disbursement, will finance Nokia’s extensive research and development programme focused on fifth-generation (5G) activities in Europe in 2018–2020. The investment will especially concentrate on developing new 5G-related end-to-end product offerings for different business areas. 5G is the next generation