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RURAL BROADBAND AUSTRIA

Signature(s)

Amount
€ 125,000,000
Countries
Sector(s)
Austria : € 125,000,000
Telecom : € 125,000,000
Signature date(s)
12/08/2008 : € 125,000,000
Link to source
Data sheet
RURAL BROADBAND AUSTRIA
Other links
Summary sheet
Rural Broadbank Austria

Summary sheet

Release date
1 March 2008
Status
Reference
Signed | 12/08/2008
20070454
Project name
Promoter - financial intermediary
Rural Broadbank Austria
Telekom Austria AG
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 125 million
EUR 285 million
Location
Sector(s)
Description
Objectives

The Project consists of upgrading the fixed line telecoms broadband infrastructure.

The Project contributes to the furthering the “Information Society” through modernisation of fixed telecommunications infrastructure.

Environmental aspects
Procurement

The promoter’s approach and its compliance with national and/or European regulations on environmental and social issues will be verified during appraisal.

The promoter is a private company providing its services in liberalized markets, and is therefore exempt from utility type regulations. This will be verified during appraisal.

Link to source
Summary sheet
Rural Broadbank Austria
Other links
Data sheet
RURAL BROADBAND AUSTRIA

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).

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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