NIB to finance R&D for next generation mobile network
(Thomson Reuters ONE) -
The Nordic Investment Bank (NIB) will provide a loan for Nokia Siemens Network's
research and development programme. The loan, amounting to EUR 30 million, is
NIB's first to the company and is aimed at the further development and
implementation of the so-called Single RAN technology to be used in network base
stations.
The Single RAN (radio access network) technology integrates several wireless
technologies, such as the GSM and WCDMA standards as well as the upcoming LTE
(long-term evolution) technology into a new base station generation. The Single
RAN stations can be updated and upgraded via remote software downloads, which
enables much more simplified operation of networks. When updating the network,
conventional stations and networks require partial replacement of the hardware
and a site visit by service technicians.
The high increase in data volumes is a strong driver for future advanced
technologies, since solutions that can handle the increasing volume are needed.
The Single RAN technology allows changes in the configuration based on the
traffic flow.
From an environmental point of view, the new network base stations use less
energy and enable the use of renewable energy sources. Due to the large number
of base stations in the world, more energy-efficient stations can significantly
reduce the total amount of energy being used. Furthermore, by integrating
technologies into one base station, there will not be a need to have separate
stations for each new technology.
NIB's two mandates, to enhance the environment and to strengthen
competitiveness, are both strongly present in this project.
"We are happy to finance research and development, which is one of our focus
areas. In an economic situation like the current one, it is very important that
R&D efforts are supported, in particular in cutting-edge technology fields,"
Johnny Åkerholm, President and CEO of NIB, says.
The Nordic Investment Bank is the common international financial institution of
the eight Nordic and Baltic countries. NIB provides long-term financing to the
energy, environmental, transport, logistics and communications, and innovation
sectors for projects that strengthen competitiveness and enhance the
environment. NIB has the highest possible credit rating, AAA/aaa, with the
leading rating agencies Standard & Poor's and Moody's.
For further information, please contact
NIB
Kim Krokfors, Senior Manager Lending, at +358 618 0517,kim.krokfors(at)nib.int
Linda Lindfors, Communications Specialist, at. +358 618
0299,linda.lindfors(at)nib.int
Nokia Siemens Networks
Ben Hunt, Head of Financial Relations, at +44 7508 002382,ben.hunt(at)nsn.com
[HUG#1426831]
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Source: NIB NORDIC INVESTMENT BANK via Thomson Reuters ONE
Unternehmensinformation / Kurzprofil:
Datum: 24.06.2010 - 11:00 Uhr
Sprache: Deutsch
News-ID 22959
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Town:
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Kategorie:
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