Release date: 27 October 2008
Promoter – Financial Intermediary
France Telecom Espana SA
Location
Description
The project concerns the roll-out of a converged fixed-mobile broadband telecommunications network by the 3rd largest mobile operator in Spain, to increase market competition.
Objectives
Access to efficient telecommunications in a competitive environment is an important factor contributing to economic growth and development. Despite the achievements to date, considerable investment is still needed to further improve mobile broadband telecommunication services in Spain, including their range, quality and affordability. The project contributes to the policy objective of furthering the “Information Society” through the supply of advanced broadband services both on mobile and fixed platforms. The project thus contributes to the renewed Lisbon Strategy, bringing the country close to the 30% high-speed broadband penetration rate target. The expansion of a converged fixed and mobile broadband telephony network is in line with the Lisbon Agenda as well as with the Bank’s i2i strategy.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 500 million.
Total cost (Approximate amount)
Estimated to be around EUR 1800 million.
Environmental aspects
Investments in mobile and fixed telecommunications projects (including investments in base stations, transmission systems and OSS) do not fall under Annex I or II of Directive 85/337/EEC as amended by Directives 97/11/EC and 2003/35/EC. Full environmental details will be assessed during appraisal, including the possible impacts on protected flora and fauna (Habitats 92/43/EEC and Birds 79/409/EEC).
Procurement
The promoter is a private company not operating in the Utilities sector, and is therefore not covered by the EU Directives on procurement.
Status
Signed - 18/06/2009
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).