News
05 May 2023

SACE backs €360m EIB loan to expand Italy's 5G coverage

In:
Telecoms and Communications
Region:
Europe

SACE is backing a €360 million (about $397 million) EIB loan to Italian telecoms group TIM to support the expansion of 5G coverage.The EIB financing, 60% guaranteed by Italian export credit agency SACE, will enable TIM to expand 5G coverage across Italy by the end of 2025 using 700 MHz bands....

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