U.S. Ex-Im Bank Makes Preliminary Commitment to 5G in Costa Rica

The board of directors of the U.S. Export-Import Bank approved a preliminary commitment to lend $300 million to the government of Costa Rica’s Instituto Costarricense de Electricidad & Subsidiaries for equipment and services from trusted vendors to deploy a 5G network, the bank said Friday. Ex-Im "financing can play a key role in ensuring 5G telecommunications infrastructure is built and supported by trusted vendors,” said President and Chair Reta Jo Lewis.