Release date: 21 December 2023
Promoter – Financial Intermediary
ILIAD SALocation
Description
The project relates to the investments in the design and roll-out of a 5G and a 5G-ready multi-band, multi-technology mobile telecommunications network throughout France. The project is expected to lead to a 5G population coverage of 95% at completion.
Objectives
The project supports the development of the French 5G mobile infrastructure enabling ultra-fast data transfer through this very high capacity network. Moreover, the new broadband networks will be important for the digitalisation and competitive positioning of the country and is expected to provide positive externalities to economic activities by enabling more users to benefit from access to information, digital services and better communications.
Sector(s)
- Telecom - Information and communication
Proposed EIB finance (Approximate amount)
EUR 300 million
Total cost (Approximate amount)
EUR 986 million
Environmental aspects
The requirements of the Environmental Impact Assessment Directive 2011/92/EU as amended by Directive 2014/52/EU will be verified during appraisal.
Procurement
The promoter has been assessed by the EIB as being a private company not being subject to EU rules on public procurement or concessions.
Status
Signed - 19/12/2023
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).