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    Reference: 20130093
    Release date: 18 June 2013

    Promoter – Financial Intermediary

    VODAFONE IRELAND LTD

    Location

    Description

    Modernisation and strengthening of Vodafone's 3G/HSPA (High Speed Packet Access) network and introduction of its 4G/LTE (Long-Term Evolution) mobile network in Ireland.

    Objectives

    The project entails the promoter’s investments into modernisation and strengthening its 3G/HSPA network and the introduction of 4G/LTE mobile network in Ireland. The project aims to increase the coverage of 3G networks as well as introduce coverage of 4G networks for the Irish population. The project also includes investments to strengthen the promoter’s transmission and core networks as well as to related IT systems to cope with the increasing network complexity and data demand.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 117 million (GBP 100 million)

    Total cost (Approximate amount)

    EUR 246 million (GBP 211 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 not having the status of a contracting authority, and is thus not covered by EU Directives on procurement.

    Status

    Signed - 27/11/2013

    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).

    Related tags

    Ireland Telecom