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European Investment Bank loaned Orange half a billion Euros for 5G network

Orange is present in 26 countries and is one of the world’s largest telecommunications operators with sales of €43.5 billion in 2022.

By João Marques Lima

Founder and Editor, The Tech Capital

3 Mins

March 08, 2023 | 12:08 AM GMT

European Investment Bank loaned Orange half a billion Euros for 5G network

Ramon Fernandez, Deputy CEO Finance, Performance and Development of Orange. Source: Orange

The Tech Capital

The European Investment Bank (EIB) has invested half a billion Euros in France’s 5G mobile network roll out through an investment in national telecoms operator Orange (EPA: ORA; NYSE: ORAN).

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João Marques Lima

Founder and Editor, The Tech Capital

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