Release date: 2 March 2026
Promoter – Financial Intermediary
ROCK MOBILE LTDLocation
Description
The project relates to the acquisition and deployment of a 4G wireless network in the Kingston metropolitan area and other surrounding parishes to provide fixed wireless access services. The network will be composed of a 4G evolved packet core and around 100 Radio access network nodes that will be installed at existing sites managed by a tower company, as well as the necessary transmission elements, service platforms, information systems, and other ancillary systems and services.
Objectives
By supporting a new entrant into the Jamaican broadband market, the operation's objective is to stimulate competition, which would result in improved service quality, affordability and digital inclusion by extending broadband coverage.
Sector(s)
- Telecom - Information and communication
Proposed EIB finance (Approximate amount)
EUR 4 million
Total cost (Approximate amount)
EUR 29 million
Environmental aspects
As per the assessment performed within the EU, where and if applicable, the requirements of the Environmental Impact Assessment Directive 2011/92/EU as amended by Directive 2014/52/EU, Birds Directive 2009/147/EC and Habitats Directive 92/43/EEC or the equivalent national regulation will be verified during appraisal.
Procurement
The Bank will require the promoter to ensure that implementation of the project will be done in accordance with the Bank's guide to procurement.
Status
Under appraisal - 3/02/2026