Release date: 5 February 2020
Promoter – Financial Intermediary
TELEFONICA GERMANY GMBH & CO OHGLocation
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 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).