Release date: 30 July 2012
Promoter – Financial Intermediary
ZON OPTIMUS SGPS SALocation
Description
Roll-out of a Long Term Evolution (LTE/4G) mobile telecommunications network and upgrade of the UMTS network.
Objectives
The project will enable expansion of coverage and increase of capacity to provide high speed mobile broadband services in Portugal. The access technologies included in the eligible project (UMTS with HSPA+ and LTE/4G) are relevant to fulfil the EU's Digital Agenda target of reaching a coverage above 30 Mbps transmission speed by 2020 across the Union and addressing the expected increase of mobile data (and stationary or slow-moving wireless) traffic volumes.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 110 million
Total cost (Approximate amount)
EUR 222 million
Environmental aspects
Investments in telecommunications projects 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 electromagnetic field radiation. Details will be assessed during appraisal including the CO2 footprint and possible impacts on protected flora and fauna (Habitats 92/43/EC and Birds 79/409/EC).
Procurement
The promoter is a private company not operating in the utilities sector, and is therefore not covered by the EU Directives on procurement.
Status
Signed - 28/11/2013
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).