Release date: 2 July 2018
Promoter – Financial Intermediary
DEUTSCHE TELEKOM AGLocation
Description
The project concerns the commercial rollout of fibre-based Ultra-High speed broadband access networks in Germany. The investments will lead to an increased fibre broadband coverage of German households and allow for maximum broadband speed levels of at least 100 and up to 1000 Mbps. The roll-out will be carried out during the years 2018 and 2019.
Objectives
The investments will lead to an increased fibre broadband coverage of German households and allow for maximum broadband speed levels of at least 100 and up to 1000 Mbps.
Sector(s)
- Telecom - Information and communication
Proposed EIB finance (Approximate amount)
EUR 450 million
Total cost (Approximate amount)
EUR 1000 million
Environmental aspects
Investments in fixed telecommunications projects (mainly civil works for urban underground copper/fibre roll-out) do not fall under the Annexes of Directive 2014/52/EU amending the Environmental Impact Assessment (EIA) Directive 2011/92/EU. The related works have typically limited residual environmental effects as they are mainly carried out in urban areas alongside roads.
Procurement
Procurement is expected to be in line with EIB guidelines for private sector projects. The Bank's services will verify details during the project's due diligence.
Status
Signed - 16/07/2018
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).