THE EUROPEAN Investment Bank is to provide an eight-year Euro 400 million loan to Swedish telecommunications equipment manufacturer Ericsson to fund R&D activities at its 'Centres of Excellence,' in the EU and central Europe. The money will pay for the development of improved management and operations of third generation mobile telephone networks, allowing the transmission of large data volumes at high speed.

Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.