Release date: 29 June 2002
Promoter – Financial Intermediary
TMN, Telecomunicações Móveis Nacionais, S.A.Location
Description
To build and operate a nationwide 3rd generation mobile telecommunication network (UMTS) in Portugal on the basis of a 15-years license and to upgrade the existing GSM/GPRS network.
Objectives
The project will allow for the development of advanced mobile transmission capabilities, significantly contributing to broaden the range of information services available to mobile communication end-users.
Sector(s)
Proposed EIB finance (Approximate amount)
In the order of 40% of project cost.
Total cost (Approximate amount)
To be determined.
Environmental aspects
GSM/UMTS systems have limited environmental effects, apart from the visual impact of base station towers. Other impacts can be mitigated by appropriate construction and operation measures.
Procurement
The promoter carries out competitive enquires, among potential suppliers for goods and services, as is usual in this industry.
Status
Signed - 10/12/2004
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).