Release date: 12 September 2011
Promoter – Financial Intermediary
Vodafone Telekomunikasyon AS and Vodafone Romana S. A.
Location
Description
The project concerns the rollout of mobile broadband services in Turkey and Romania. The new equipment is supposed to enable high speed wireless broadband services.
Objectives
The investments should help to increase the quality and also the population coverage of mobile broadband services in both countries.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 500 million
Total cost (Approximate amount)
To be determined during appraisal
Environmental aspects
Investments in mobile telecommunication projects (including investments in base stations, transmission systems and IT systems) do not fall under the European EIA Directives. Mobile telecommunication systems have limited environmental effects. Potential health risks from electromagnetic radiation are still under study at an international level. The visual impact of base station towers can be mitigated by appropriate construction and operation measures.
Full environmental details including the applicable Turkish legal framework will be assessed during appraisal, including the possible impacts on protected flora and fauna (Habitats 92/43/EEC and Birds 79/409/EEC Directives).
Procurement
The promoter is a private company and operating in a competitive sector. Therefore he is not covered by the EU Directives on procurement (nor the EIB guide to procurement) for this planned investment program. The effectively used procurement procedures will be assessed during appraisal.
Status
Signed - 20/12/2011
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).