Reference: 20120251
Release date: 30 July 2012

Promoter – Financial Intermediary

ZON OPTIMUS SGPS SA

Location

Description

Roll-out of a Long Term Evolution (LTE/4G) mobile telecommunications network and upgrade of the UMTS network.

Objectives

The project will enable expansion of coverage and increase of capacity to provide high speed mobile broadband services in Portugal. The access technologies included in the eligible project (UMTS with HSPA+ and LTE/4G) are relevant to fulfil the EU's Digital Agenda target of reaching a coverage above 30 Mbps transmission speed by 2020 across the Union and addressing the expected increase of mobile data (and stationary or slow-moving wireless) traffic volumes.

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 110 million

Total cost (Approximate amount)

EUR 222 million

Environmental aspects

Investments in telecommunications projects do not fall under Annex I or II of Directive 2011/92/EU. Mobile telecommunications systems have limited environmental effects, apart from the visual impact of base station towers and electromagnetic field radiation. Details will be assessed during appraisal including the CO2 footprint and possible impacts on protected flora and fauna (Habitats 92/43/EC and Birds 79/409/EC).

Procurement

The promoter is a private company not operating in the utilities sector, and is therefore not covered by the EU Directives on procurement.

Status

Signed - 28/11/2013

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

Related tags

Portugal Telecom