Release date: 8 June 2009
Promoter – Financial Intermediary
ZON Multimédia – Serviços de Telecomunicações e Multimédia SGPS, S.A.
Location
Description
The project is the first phase of roll out by the promoter of a Next Generation Access network to offer advanced high speed broadband services in competition with the incumbent fixed line operator.
Objectives
The project contributes to the policy objective of furthering the “Information Society” through the modernisation of fixed telecommunications infrastructure, a key platform for the provision of advanced broadband services.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 100 million.
Total cost (Approximate amount)
Currently estimated at EUR 307 million.
Environmental aspects
The project will have a minor impact on the environment. The fibre optical cable will be installed inside existing duct infrastructure as far as possible. Electronic equipment will be installed inside the promoter’s existing office-type buildings and street cabinets and the network terminations at customer premises.
Procurement
Telecommunications have been excluded from the scope of the EU Directive controlling the procurement of utilities. The procurement procedures followed by this private sector promoter and the costs of main project components will be assessed during appraisal.
Status
Signed - 28/09/2009
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).