Release date: 26 May 2011
Promoter – Financial Intermediary
Vodafone Omnitel NV
Location
Description
Investments to increase network coverage and quality / speed.
Objectives
The project concerns the promoter’s investments in Italy consisting of three major components with the objective of increasing the coverage of the UMTS (3G) mobile network to improve mobile user experience: (i) mobile access network extension and upgrade applying HSPA+ technology; (ii) mobile access/backhauling capacity and quality enhancement to support the improved access network; and (iii) modernisation to improve cost efficiency, respond to strategic challenges and prepare the adoption of LTE/4th generation technology.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 350 million
Total cost (Approximate amount)
To be determined during appraisal
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, but under the Directive 2001/42/EC of 27 June 2001 on the assessment of the effects of certain plans and programmes on the environment. The promoter’s approach to visual and health impacts and its legal compliance will be assessed during appraisal, including the possible impacts on protected flora and fauna (Habitats 92/43/EC and Birds 79/409/EC).
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. The effectiveness of the procedures applied will be assessed during appraisal.
Status
Signed - 8/12/2011
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).