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TIM Mobile Broadband Network

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TIM Mobile Broadband Network

  •  Reference: 20100466
  •  Release date: 23 February 2011
Promoter – Financial Intermediary

TIM CELULAR S.A.

Location
Description

The project concerns the 2010-2011 investments for the geographical coverage expansion and capacity increase of TIM´s GSM and UMTS networks in Brazil.

Objectives

Apart from promoting local economic development, the project will transfer economic and technological knowledge by supporting a well-established European company diversifying through FDI into Latin America.

Comments
 
Sector(s)
Proposed EIB finance (Approximate amount)

EUR 200 million

Total cost (Approximate amount)

EUR 1 652 million

Environmental aspects

If the project was located in Europe, it would not fall under Annex I or II of EIA directive 85/337/EEC, amended by directives 97/11/EC and 2003/35/EC. Mobile networks based on GSM/UMTS technology have limited environmental effects. The visual impact of base station towers or other impacts (e.g. EMF radiation) can be mitigated by appropriate construction and operation measures.

Procurement

The promoter is a private company operating in a liberalised sector of telecommunication services. The procedures relevant for the project will be checked during appraisal.

Status

Signed   -   29/12/2011.


Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).



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http://www.eib.org/projects/pipeline/2010/20100466.htm