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    Reference: 20160900
    Release date: 9 February 2017

    Promoter – Financial Intermediary

    Telecommunication operator

    Location

    Description

    The project relates to the expansion of a telecommunication network. The project includes the related investments in the access/backbone network as well as the active equipment.

    Objectives

    The project is fully in line with the Europe 2020 strategy to foster smart growth and develop an economy based on knowledge and innovation. The project contributes to the Digital Agenda for Europe flagship initiative of the Europe 2020 strategy through further development and expansion of the Next Generation Network (NGN) infrastructure, a key platform for the provision of advanced broadband services, and to reaching the targets of very high speed broadband access for all European citizens by 2020.

    Sector(s)

    • Telecom - Information and communication

    Proposed EIB finance (Approximate amount)

    SEK 1200 million (EUR 123 million)

    Total cost (Approximate amount)

    SEK 9360 million (EUR 963 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/EU as amended. The related works typically have limited residual environmental effects as they are carried out in urban areas as well as alongside roads.

    Procurement

    The promoter has been assessed by the EIB as being a private company not operating in the utilities sector and not having the status of a contracting entity, thus not subject to EU rules on public procurement.

    Status

    Signed - 20/07/2017

    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

    Sweden Telecom