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    Reference: 20160831
    Release date: 22 March 2017

    Promoter – Financial Intermediary

    TELCO OI

    Location

    Description

    The project relates to the upgrade and expansion of the promoter's mobile networks (3G and 4G) in the French overseas departments of La Réunion and Mayotte. The project includes the refurbishment of existing sites, the installation of modern access nodes including core network elements and a transmission network upgrade, in order to cope with the expected high data traffic increase.

    Objectives

    The investment aims to increase the availability (coverage) and quality of high speed mobile broadband services based on 3G/Universal Mobile Telecommunications System (UMTS) and 4G/Long-term Evolution (LTE) technology in La Réunion and Mayotte, enabling provisioning of advanced mobile broadband services also in the more rural and remote areas of the country. The project will be the first step in reaching 95% population coverage with 4G, within five years of the service launch. The project therefore supports the Digital Agenda for Europe initiative of the Europe 2020 strategy, and its specific targets to enable very fast (over 30 Mbps) broadband services to all citizens by 2020.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 25 million

    Total cost (Approximate amount)

    EUR 52 million

    Environmental aspects

    The installation of mobile telecommunication networks do not fall under Annexes I and II of Directive 2011/92/EU, and are therefore not subject to mandatory environmental impact assessment. There is no particular negative residual environmental impact expected. Nevertheless, the environmental details, including the CO2 footprint (if needed) and the possible impact on protected flora and fauna, will be assessed during the appraisal.

    Procurement

    Procurement in line with EIB guidelines for private sector projects.

    Status

    Signed - 27/09/2017

    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).

    Related tags

    France Telecom