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    Reference: 20190444
    Release date: 14 July 2020

    Promoter – Financial Intermediary

    ELEKTRILEVI OU

    Location

    Description

    The project concerns the roll-out of a passive fibre access network in Estonia. The network will provide Very High Capacity (VHC) broadband services with download speeds of 1 Gbps to about 266 000 households. 47 000 of these households are located in areas with insufficient broadband connectivity (white areas) and about 219 000 households in areas with limited broadband service offerings. The network will be offered on an open-access basis to any retail provider of broadband services. The new broadband network will be installed over the period from 2019 to 2023 across Estonia.

    Objectives

    The objective of the project is to help provide access to very high capacity networks for all citizens and businesses in Estonia.

    Sector(s)

    • Telecom - Information and communication

    Proposed EIB finance (Approximate amount)

    EUR 70 million

    Total cost (Approximate amount)

    EUR 144 million

    Environmental aspects

    Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

    Procurement

    Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

    Status

    Signed - 3/06/2020

    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

    Estonia Telecom