EUROPE: Technology researchers to benefit from Euro 250 million loan
June 1st, 2009
By Leah Germain
Telecommunications giant Nokia Siemens Networks has just received a Euro 250 million loan from the European Investment Bank (EIB) to support the research and development of cutting edge Radio Access Network technology (RAN).
The company is a global joint venture is run by Finland's Nokia Corp with Germany's Siemens AG. It said the loan will go towards developing a new base station to serve not only all kinds of existing second and third generation mobile phones, but also able to relay signals to future - maybe fourth generation - communications ...
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