Ericsson signs funding agreements with the European Investment Bank

Ericsson Sweden

Ericsson has signed two 7-year funding agreements with the European Investment Bank (EIB) for a total of EUR 420 millionThe loans will finance parts of Ericsson's R&D investments in wireless technology up to 2025The 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 globallyView original content:https://www.prnewswire.co.uk/news-releases/ericsson-signs-funding-agreements-with-the-european-investment-bank-302045518.html