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Δευτέρα, 10 Ιουλίου 2017 19:09

EIB financing of Cosmote with 150-mln€ loan

The European Investment Bank (EIB) announced the completion of a 150-million-euro financing agreement with Greece-based Cosmote Mobile Telecommunications SA, with financing aimed to boost the telecoms provider's 4G/4G+ mobile broadband network coverage, capacity expansions and technological upgrades.  

The European Investment Bank (EIB) announced the completion of a 150-million-euro financing agreement with Greece-based Cosmote Mobile Telecommunications SA, with financing aimed to boost the telecoms provider's 4G/4G+ mobile broadband network coverage, capacity expansions and technological upgrades.  

Cosmote is a subsidiary of Hellenic Telecommunications Organisation (OTE), in which Deutsche Telekom holds a 40-percent stake.