Press Release: EIB supports with EUR 115 million upgrading of Russia’s mobile telecommunications networks

Author (Corporate)
Series Title
Series Details BEI/09/125 (29.06.09)
Publication Date 29/06/2009
Content Type

The European Investment Bank (EIB) lent EUR 115 million to Mobile TeleSystems OJSC for the upgrading and further development of mobile networks to increase the quality and accessibility of broadband services in the Russian Federation. This was the first EIB loan supporting a telecommunication project under the Bank’s mandate covering financing in Russia, Eastern Europe and Southern Caucasus.

Source Link Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=BEI/09/125&format=HTML&aged=0&language=EN&guiLanguage=en
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