📋 Tender Overview
The European Invest Bank (EIB) is providing Tele2 with a €140 million loan to support deployment of the 5G network and upgrade of 4G in Sweden.
Tele2 will use the loan to roll out a state-of-the-art 5G mobile network in Sweden with the goal of reaching 99.9% of the country’s population. In 2016, the EIB supported Tele2 with a €125 million loan to build a 4G network in Sweden.
“Access to fast and stable connectivity is crucial for both businesses and individuals,” said EIB Vice-President Thomas Östros. “This project aligns perfectly with the aim for all EU households to have gigabit connectivity by 2030. We are delighted to support Tele2, a loyal partner, in expanding the 5G network across Sweden.”
Tele2 is building its 5G network together with Telenor in the joint venture Net4Mobility.
“By securing a loan from the EIB on attractive terms, Tele2 continues its ambition to build the best and most reliable 5G network in Sweden,” said Tele2 Chief Financial Officer Charlotte Hansson.
