login
login

Europe Daily Bulletin No. 9933

2 July 2009
Contents Publication in full By article 25 / 30
GENERAL NEWS / (eu) eu/eib
Loan for upgrading Russia's mobile telecommunications networks

Brussels, 01/07/2009 (Agence Europe) - The European Investment Bank (EIB) is lending €115 million to Mobile TeleSystems OJSC (“MTS” - NYSE: MBT), for the upgrading and further development of mobile networks to increase the quality and accessibility of broadband services in the Russian Federation. This is the first EIB loan supporting a telecommunication project under the Bank's mandate covering financing in Russia, Eastern Europe and Southern Caucasus.

The project, which is jointly...

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS