Sweden’s Tele2 has announced that it has inked a EUR74 million (USD95 million) loan agreement with Nordic Investment Bank (NIB) ‘for the complementary financing of the Tele2 mobile network expansion in Norway’. Funds from the eight-year maturity loan will be utilised to help Tele2 boost the capacity of its mobile infrastructure in Norway, and the company has claimed the financing represents ‘a further step towards diversification of the funding sources for Tele2’.
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OVETEL Tele2 agrees EUR74 million loan for Norwegian network expansion
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