Nokia draws €500 million R&D loan for 5G

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Nokia draws €500 million R&D loan for 5G

As investor dividend halted to focus on development.

Finnish telecoms equipment maker Nokia drew a €500 million euro (A$871 million) loan last month to help it to accelerate development of 5G technology, its annual report shows. Nokia said that its R&D loan facility with the European Investment Bank (EIB), which has an average maturity of ...

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