Nokia Siemens Networks (NSN) has secured a EUR250 million loan from the European Investment Bank for the development of its multi-mode radio access network (RAN) technology.

Nokia Siemens Networks (NSN) has secured a EUR250 million loan from the European Investment Bank for the development of its multi-mode radio access network (RAN) technology. The loan facility will support NSN’s European research and development activity in radio technology, which is carried out in Finland, Germany, Poland and Italy. The multi-mode technology allows operators to use a single base station to support several services such as GSM and long term evolution (LTE).