EE borrows £350m for rural mast improvements


National newspaper report claims operator secured loan from European Investment Bank to increase coverage in rural areas

EE  has loaned £350m from the European Investment Bank (EIB) so it can double the height of its masts in rural areas of the UK, according to a report in the national press.

According to the Daily Telegraph today (December 6) the loan will be used to increase coverage in remote areas of the UK.

The average height of its masts is currently 15 metres, but should planning permission be granted in its targeted areas, masts would be increased to 30m using the money from the EIB.

Some of the funds would also be put towards the upgrade of Orange masts still using 2G technology so it can use them to provide 4G coverage as it launches in these areas.