Release date: 14 February 2011
Promoter – Financial Intermediary
Telekom Austria Group
Location
Description
The project consists of the upgrade of High Speed Packet Access (HSPA) and roll-out of Long Term Evolution (LTE) mobile broadband telecommunication network in Austria.
Objectives
The project contributes to the “Digital Agenda for Europe” flagship initiative through further development and expansion of the mobile telecommunications infrastructure, a key platform for the provision of advanced mobile and broadband services, and to reaching the target of broadband access for all European citizens by 2013.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 100 million
Total cost (Approximate amount)
Up to EUR 240 million
Environmental aspects
Investments in mobile telecommunication projects do not fall under the EIA Directive. Mobile telecommunication systems have limited environmental effects, apart from the visual impact of base station towers. Other impacts can be mitigated by appropriate construction and operation measures. Environmental details will be assessed during appraisal.
Procurement
The promoter is a private company not operating in the Utilities sector. Therefore the promoter is not covered by the EU Directives on procurement. The effectively used procurement procedures will be assessed during appraisal.
Status
Signed - 10/12/2012
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).