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    Signature(s)

    Amount
    € 25,000,000
    Countries
    Sector(s)
    France : € 25,000,000
    Telecom : € 25,000,000
    Signature date(s)
    12/09/2017 : € 12,500,000
    12/09/2017 : € 12,500,000
    Link to source
    Data sheet

    Summary sheet

    Release date
    22 March 2017
    Status
    Reference
    Signed | 27/09/2017
    20160831
    Project name
    Promoter - financial intermediary
    TELCO
    TELCO OI
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 25 million
    EUR 52 million
    Location
    Sector(s)
    Description
    Objectives

    The project relates to the upgrade and expansion of the promoter's mobile networks (3G and 4G) in the French overseas departments of La Réunion and Mayotte. The project includes the refurbishment of existing sites, the installation of modern access nodes including core network elements and a transmission network upgrade, in order to cope with the expected high data traffic increase.

    The investment aims to increase the availability (coverage) and quality of high speed mobile broadband services based on 3G/Universal Mobile Telecommunications System (UMTS) and 4G/Long-term Evolution (LTE) technology in La Réunion and Mayotte, enabling provisioning of advanced mobile broadband services also in the more rural and remote areas of the country. The project will be the first step in reaching 95% population coverage with 4G, within five years of the service launch. The project therefore supports the Digital Agenda for Europe initiative of the Europe 2020 strategy, and its specific targets to enable very fast (over 30 Mbps) broadband services to all citizens by 2020.

    Environmental aspects
    Procurement

    The installation of mobile telecommunication networks do not fall under Annexes I and II of Directive 2011/92/EU, and are therefore not subject to mandatory environmental impact assessment. There is no particular negative residual environmental impact expected. Nevertheless, the environmental details, including the CO2 footprint (if needed) and the possible impact on protected flora and fauna, will be assessed during the appraisal.

    Procurement in line with EIB guidelines for private sector projects.

    Link to source
    Summary sheet

    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).

    News & Stories

    Other links
    Data sheet
    Summary sheet

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