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    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