Release date: 18 June 2012
Promoter – Financial Intermediary
TELEFONAKTIEBOLAGET LM ERICSSONLocation
Description
The project relates to the development of the next evolution of LTE mobile broadband technology, called LTE Advanced.
Objectives
The project, to be implemented at the promoter’s locations in Sweden and in Finland, includes the development of hardware and software for the Radio Access Network (RAN) and the Enhanced Packet Core (EPC) and for the next generation of transmission technologies.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 500 million
Total cost (Approximate amount)
EUR 1358 million
Environmental aspects
The project activities do not fall under Annexes I and II of the EU Directive 2011/92/EU, and are therefore not subject to mandatory Environmental Impact Assessment. As the proposed investments will mainly take place inside buildings already being used for similar activities, and concern mainly software and process research activities, no particular negative impact on the environment is expected.
Procurement
The promoter is a private company not operating in the utilities sector, and is thus not covered by EU Directives on procurement.
Status
Signed - 8/10/2012
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).