Release date: 1 March 2008
Promoter – Financial Intermediary
Telekom Austria AGLocation
Description
The Project consists of upgrading the fixed line telecoms broadband infrastructure.
Objectives
The Project contributes to the furthering the “Information Society” through modernisation of fixed telecommunications infrastructure.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 125 million
Total cost (Approximate amount)
EUR 285 million
Environmental aspects
The promoter’s approach and its compliance with national and/or European regulations on environmental and social issues will be verified during appraisal.
Procurement
The promoter is a private company providing its services in liberalized markets, and is therefore exempt from utility type regulations. This will be verified during appraisal.
Status
Signed - 12/08/2008
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).