Telekom Slovenije, Concludes Loan agreement with the European Investment Bank

The company entered into an agreement with EIB for providing up to EUR 100m in long-term loans.

Teleko Slovenije published an announcement on the LJSE stating that they have concluded a loan agreement with the European Investment Bank for providing up to EUR 100m in long-term loans that will allow the company to finance continued expansion and upgrade of its fibre optic access network with gigabit speeds throughout 2023.

Telekom Slovenije notes that they will continue to build its state of the art fibre optic access network both in urban centres, as well as in rural areas, including those, where there was no market interest (so-called white spots), or where there was a market interest, but no network has yet been built. This allows the company to provide internet access and communication services also in more remote and sparsely populated areas.

The Group has recently announced their 2021 business plan, which you can find here.

InterCapital
Published
Category : Flash News

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