Release date: 28 January 2008
Promoter – Financial Intermediary
Magyar Telekom Tavkoezlesi Nyrt
Location
Description
Upgrading and development of the MTTN’s mobile networks, primarily to further support the deployment of broadband services in Hungary.
Objectives
The project concerns the promoter’s coverage expansion and network upgrade of the existing second and third generation (2G / 3G) mobile network in Hungary. In particular the investments are geared to increase rural 3G coverage and to migrate the basic network infrastructure (including core, transmisson and radio access network) to a common and more cost efficient one, also allowing advanced broadband services.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 200 million
Total cost (Approximate amount)
EUR 400 million
Environmental aspects
The project does not fall under Annex I or II of EIA directive 85/337/EEC, amended by directives 97/11/EC and 2003/35/EC. Generally mobile networks based on GSM/UMTS technology have limited environmental effects. The visual impact of base station towers or other impacts can be mitigated by appropriate construction and operation measures.
Procurement
According to the new utility directive 2004/17/EC the Telecom sector is exempt from public procurement procedures due to its competitive nature. Hence the purchasing by the private promoter is no longer regulated and it might opt for other suitable procedures, which are in the interest of the project.
Status
Signed - 19/05/2008
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).