Release date: 25 April 2014
Promoter – Financial Intermediary
DEUTSCHE TELEKOM AGT-MOBILE CZECH REPUBLIC AS
Location
Description
The project concerns the promoter's rollout of a wireless broadband network in the Czech Republic.
Objectives
The primary objectives of the project are to increase in the growth and employment potential in the Czech Republic and to contribute to the Knowledge economy to promote a research, development and innovation economy. The project will also contribute towards economic and social cohesion in Europe.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 150 million
Total cost (Approximate amount)
EUR 328 million
Environmental aspects
Investments in telecommunication projects (including investments in base stations, transmission systems and OSS) do not fall under Annex I or II of Directive 2011/92/EU. Mobile telecommunications systems have limited environmental effects, apart from the visual impact of base station towers and EMF radiation. These impacts can be mitigated by appropriate construction and operation measures.
Procurement
The promoter is a private company not operating in the utilities sector, and thus is not covered by EU Directives on procurement.
Status
Signed - 25/04/2014
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).