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    Reference: 20190072
    Release date: 5 February 2020

    Promoter – Financial Intermediary

    TELEFONICA GERMANY GMBH & CO OHG

    Location

    Description

    The project concerns the initial 5G rollout, the strengthening of rural mobile 4G coverage and the 4G capacity increase. The project will result in a higher 5G population coverage and an increase to 99% for 4G in Germany. The project implementation is planned for the years 2020 to 2021.

    Objectives

    The project supports the development of the promoter's mobile infrastructure to provide advanced 4G and 5G based services.

    Sector(s)

    • Telecom - Information and communication

    Proposed EIB finance (Approximate amount)

    EUR 450 million

    Total cost (Approximate amount)

    EUR 1026 million

    Environmental aspects

    The installation of mobile telecommunication networks do not fall under Annexes I and II of the Directive 2014/52/EU amending the Environmental Impact Assessment (EIA) Directive 2011/92/EU, and are therefore not subject to mandatory EIA. The residual environmental impact will be limited after appropriate mitigation measures.

    Procurement

    The promoter is a private company not operating in the Utilities sector and not having the status of a contracting authority. Therefore it is not covered by EU Directives on public procurement.

    Status

    Signed - 18/12/2019

    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