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Avea inks €90m loan to finance 4G-LTE investments

Connectivity BusinessbyConnectivity Business
November 21, 2016
in Financing, Space Services
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Türk Telekom’s mobile unit Avea has secured a €90m (US$95.7m) nine-year loan to fund investments in 4G-LTE. The loan agreement was signed with BNP Paribas, Raiffeisen, and Unicredit under the insurance coverage of Finnish export credit agency Finnvera, the Turkish incumbent said in a statement. Türk Telekom’s (IST:TTKOM) mobile unit Avea has secured a €90m (US$95.7m) nine-year loan to fund investments in 4G-LTE. The […]

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Tags: AveaBNP ParibasEuropeEuropean Bank for Reconstruction and Development (EBRD)FinnveraOger TelecomPremiumRaiffeisenSaudi OgerTF251Turk TelecomUniCredit
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