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Czech Republic

Ericsson and CETIN to deliver 5G in Czechia

4 mins read

The FINANCIAL — Ericsson (NASDAQ: ERIC) and wholesale telecom infrastructure company, CETIN, have signed a five-year contract to bring 5G to the Czech Republic. The deal makes Ericsson the supplier behind CETIN’s network modernization, which will see their existing legacy network transformed to establish fast, ultra-high capacity 5G. Ericsson is set to modernize more than 4,000 cellular sites across the full operational area of CETIN’s mobile network, covering two thirds of the Czech Republic, including the population-dense areas of Prague, Brno and Ostrava. CETIN, whose customers include T-Mobile and O2, are powering multiple network providers in Czech to bring 5G powered initiatives…

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Ericsson and CETIN to deliver 5G in Czechia

4 mins read

The FINANCIAL — Ericsson (NASDAQ: ERIC) and wholesale telecom infrastructure company, CETIN, have signed a five-year contract to bring 5G to the Czech Republic. The deal makes Ericsson the supplier behind CETIN’s network modernization, which will see their existing legacy network transformed to establish fast, ultra-high capacity 5G. Ericsson is set to modernize more than 4,000 cellular…

EIB signs CZK 1.3 bln loan with the region of Czechia

4 mins read

The FINANCIAL — The European Investment Bank (EIB) signed a CZK 1.3 billion loan (equivalent to €48 million) with Středočeský kraj, the Region of Central Bohemia in Czech Republic, to improve healthcare, transport, social care and education infrastructures, as well as to increase energy efficiency of public buildings. EIB loan will cover the construction, modernisation…

Council of Europe Bank approves € 300 million loan to Czech Republic to combat the COVID-19 pandemic

2 mins read

The Council of Europe Development Bank (CEB) has approved a € 300 million loan to the Czech Republic to finance health expenditure to combat the spread and impact of the COVID-19 pandemic.…