NIB and Ericsson continue to advance wireless technology through R&D
The Nordic Investment Bank (NIB) and the Swedish telecommunications company Ericsson have signed a USD 108.16 million (EUR 100 million) loan agreement for the development of enhanced wireless technology.This is NIB’s second loan for Ericsson’s investments in research and development (R&D) between 2023 and 2025. The investments support the company’s plan to reach net zero targets by 2040 through reduced energy consumption in the mobile networks globally. The new loan takes NIB’s overall financing to Ericsson to over EUR 800 million. Since 1979, the Bank has provided the company with