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    Signature(s)

    Amount
    € 100,000,000
    Countries
    Sector(s)
    Austria : € 100,000,000
    Telecom : € 100,000,000
    Signature date(s)
    10/12/2012 : € 100,000,000

    Summary sheet

    Release date
    14 February 2011
    Status
    Reference
    Signed | 10/12/2012
    20100646
    Project name
    Promoter - financial intermediary
    Austria High Speed 3G & LTE

    Telekom Austria Group

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Up to EUR 100 million
    Up to EUR 240 million
    Location
    Sector(s)
    Description
    Objectives

    The project consists of the upgrade of High Speed Packet Access (HSPA) and roll-out of Long Term Evolution (LTE) mobile broadband telecommunication network in Austria.

    The project contributes to the “Digital Agenda for Europe” flagship initiative through further development and expansion of the mobile telecommunications infrastructure, a key platform for the provision of advanced mobile and broadband services, and to reaching the target of broadband access for all European citizens by 2013.

    Environmental aspects
    Procurement

    Investments in mobile telecommunication projects do not fall under the EIA Directive. Mobile telecommunication systems have limited environmental effects, apart from the visual impact of base station towers. Other impacts can be mitigated by appropriate construction and operation measures. Environmental details will be assessed during appraisal.

    The promoter is a private company not operating in the Utilities sector. Therefore the promoter is not covered by the EU Directives on procurement. The effectively used procurement procedures will be assessed during appraisal.

    Disclaimer

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

    General enquiries and comments

    The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

    Media enquiries

    Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

    Complaints mechanism

    Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

    Zero tolerance against fraud and corruption

    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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