Search En menu en ClientConnect
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages

Signature(s)

Amount
€ 410,000,000
Countries
Sector(s)
Germany : € 410,000,000
Telecom : € 410,000,000
Signature date(s)
15/09/2009 : € 410,000,000
Link to source
Other links

Summary sheet

Release date
17 April 2009
Status
Reference
Signed | 15/09/2009
20090011
Project name
Promoter - financial intermediary
Hochgeschwindigkeits-Glasfasernetze
A global player in the telecommunication sector.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 425 million.
EUR 850 million.
Location
Sector(s)
Description
Objectives

The project concerns the rollout of advanced broadband services in Germany, based on a mixture of fibre and copper technologies. This rollout will partly be undertaken jointly with the fixed line incumbent operator to increase coverage and reduce costs.

The future plans include the coverage of a significant share of German households with an advanced broadband technology allowing for much higher download speeds than possible today. The ultimate target is to enable the provision of an improved multiplay service offer to open up new revenue sources and compete more effectively against the cable operators.

Environmental aspects
Procurement

Investments in fixed telecommunications projects (including civil works investments for fibre roll-out and transmission systems) do not fall under Annex I or II of Directive 85/337/EEC as amended by Directives 97/11/EC and 2003/35/EC. Fixed telecommunications systems have limited environmental effects, apart from disturbances during civil work constructions, which can be mitigated by appropriate measures.

Full environmental details will be assessed during appraisal, including the possible impacts on protected flora and fauna (Habitats 92/43/EC and Birds 79/409/EEC).

According to utility directive 2004/17/EC the Telecom sector is exempt from public procurement procedures due to its competitive nature. Hence the purchasing of the private promoter is no longer regulated. The effectiveness of the applied procedures will be assessed during appraisal.

Link to source
Other links

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).

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

Related publications