Release date: 7 November 2014
Promoter – Financial Intermediary
VODAFONE GMBHLocation
Description
The project concerns investments in the expansion and upgrade of the German mobile network.
Objectives
The objective is to improve the customer experience in terms of voice quality, coverage of 3G and 4G broadband service through new radio access nodes and high-capacity transmission systems. The project will take place in Germany during 2014-2015.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 350 million
Total cost (Approximate amount)
Not disclosed.
Environmental aspects
Investments in telecommunication projects (including investments in base stations, transmission systems and operational support systems (OSS)) do not fall under Annex I or II of Directive 2011/92/EU on environmental impact assessment (EIA). Mobile telecommunications systems have limited environmental effects, apart from the visual impact of base station towers and electromagnetic field radiation. These impacts can be mitigated by appropriate construction and operational measures.
Procurement
The promoter is a private company not operating in the Utilities sector nor having the status of a contracting authority, and is thus not covered by EU directives on procurement.
Status
Signed - 17/12/2014
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).