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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).

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Other links
Data sheet
Summary sheet

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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.

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