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    Reference: 20160752
    Release date: 6 October 2017

    Promoter – Financial Intermediary

    DEUTSCHE TELEKOM AG

    Location

    Description

    The project concerns the third roll-out phase of a very-high speed broadband access network in Germany. The specific measures will include: - increased fiber coverage in the access network - installation of a more advanced copper access technology for additional 9% of German households to meet at least 30 Mbps - the roll-out of a latest innovation allowing for broadband speed levels up to even 250 Mbps The project will be implemented during 2017 and 2018.

    Objectives

    The operation contributes to the objectives of the Europe 2020 Strategy and the Digital Agenda for Europe initiative.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 400 million

    Total cost (Approximate amount)

    EUR 1187 million

    Environmental aspects

    Investments in fixed telecommunications projects (mainly civil works for urban underground copper/fibre roll-out) do not fall under Annex I and II of Directive 2011/92/EC as amended. The related works have typically limited residual environmental effects, as they are mainly carried out in urban areas alongside roads.

    Procurement

    Procurement is expected to be in line with EIB guidelines for private sector projects. The Bank's services will verify details during the project due diligence.

    Status

    Signed - 6/10/2017

    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

    Germany Telecom