The European Invest Bank (EIB) is providing Tele2 with a €140 million loan to support deployment of the 5G network and upgrade of 4G in Sweden.

Tele2 will use the loan to roll out a state-of-the-art 5G mobile network in Sweden with the goal of reaching 99.9% of the country’s population. In 2016, the EIB supported Tele2 with a €125 million loan to build a 4G network in Sweden.

https://www.eib.org/en/press/all/2024-225-eu-backs-tele2-to-reach-near-universal-5g-coverage-in-sweden