Release date: 16 December 2016
Promoter – Financial Intermediary
LINKEM SPALocation
Description
The project concerns the promoter's investments in Italy to migrate its Broadband Wireless Access (BWA) network from WiMAX to future-proof LTE Time Division Duplex (TDD) technology, and to expand its coverage of Italian households from 45% (at the end of 2015) to at least 70% by end of 2018.
Objectives
The project will allow the promoter to expand its existing network from circa 45% to at least 70% of the Italian households and to improve the quality of the broadband network by transitioning from WiMAX to the advanced LTE technology.
Sector(s)
- Telecom - Information and communication
Proposed EIB finance (Approximate amount)
EUR 60 million
Total cost (Approximate amount)
EUR 291 million
Environmental aspects
The installation of wireless telecommunication networks do not fall under Annexes I and II of the EU Directive 2011/92/EU as amended and are therefore not subject to mandatory Environmental Impact Assessment. There is no particular negative residual environmental impact expected.
Procurement
The promoter has been assessed by EIB as being a private company not operating in the utilities sector and not having a status of a contracting entity, thus not being subject to EU rules on public procurement.
Status
Signed - 22/01/2018
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).