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Reference: 20060400
Release date: 1 June 2007

Promoter – Financial Intermediary

Private company operating in the telecomunication sector.

Location

Description

The project covers a 3-year investment programme relating to increase of UMTS network coverage and GSM network capacity.

Objectives

The investments aim at improving the network quality and capacity as well as allowing for advanced mobile data services in Poland.

Sector(s)

Proposed EIB finance (Approximate amount)

Up to EUR 400 million.

Total cost (Approximate amount)

Estimated at EUR 824.5 million.

Environmental aspects

The project does not fall under Annex I or II of EIA directive 85/337/EEC, amended by directives 97/11/EC and 2003/35/EC. Mobile networks based on GSM/UMTS technology have limited environmental effects.

Procurement

According to the new utility directive 2004/17/EC, the Telecom sector is exempted from public procurement procedures. Therefore the purchases of the private promoter operating in the telecommunication sector are no longer regulated.

Status

Signed - 25/05/2007

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).

Related tags

Poland Telecom