Release date: 6 July 2009
Promoter – Financial Intermediary
Stadtwerke MünchenLocation
Description
The project concerns the rollout of an alternative broadband access network infrastructure in Munich and Augsburg, based on optical fibre up to the individual households (Fibre-to-the-Home). The promoter plans to connect about 32 000 buildings in Munich by 2013 and approx. 9 000 buildings in Augsburg.
Objectives
To allow for services like fast internet access (up to 100Mbit/s).
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 100 million.
Total cost (Approximate amount)
EUR 205 million.
Environmental aspects
Fixed telecommunications systems have limited environmental effects, apart from disturbances during construction, which can be mitigated by appropriate measures.
Procurement
According to directive 2004/18/EC public entities are exempted from public procurement procedures if the principal purpose of the public contract is to permit the contracting authorities to provide one or more telecommunications services to the public.
Status
Signed - 15/12/2009
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).