Nokia Siemens Networks has secured a EUR 250 million loan facility from the European Investment Bank for the development of its multimode Radio Access network technology.
The EUR 250 million facility will provide financial support for R&D in Europe which will build on the success of Nokia Siemens Networks’ multiradio technology platform. Nokia Siemens Networks’ award-winning Flexi Multiradio Base Station allows communications service providers (CSPs) to use a single base station platform to support several technologies, including GSM, WCDMA/HSPA/HSPA+ and Long Term Evolution (LTE} – all running concurrently in a …