Release date: 4 May 2010
Promoter – Financial Intermediary
DNA Oy
Location
Description
Upgrading of a 3G mobile network.
Objectives
The project will allow for the provision of advanced high speed broadband services.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 95 million.
Total cost (Approximate amount)
EUR 240 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 have limited environmental effects.
Procurement
According to utility directive 2004/17/EC the Telecom sector is exempt from public procurement procedures due to its competitive nature. Hence the purchasing of the private promoter is not regulated.
Status
Signed - 3/09/2010
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).