Release date: 27 June 2008
Promoter – Financial Intermediary
Ipko Telecommunications LLCLocation
Description
The project concerns the launch of a second GSM network in the territory of Kosovo. The promoter intends to offer service levels in line with international best practice. This will improve the accessibility and quality of mobile services and lead to lower costs for the end users through the introduction of competition.
Objectives
The support for the second mobile operator is particularly important for achieving enhanced competition and lower prices.The project will contribute to developing innovative IT infrastructure, hardware and software applications, as well as facilitating improved Internet, multimedia and telecom services through the Enhanced Data rates for GSM Evolution (EDGE) component of the project.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 87 million.
Total cost (Approximate amount)
EUR 174 million.
Environmental aspects
The promoter receives installation and operation permits following the rules and guidelines set by the Environmental Protection UNMIK/REG 2003/9 law and other administrative decisions. Kosovo has no regulations regarding electromagnetic radiation exposure. Project radio sites have been designated according to the experience of partner Mobitel in Slovenia (where limits stricter than the EU recommendation have been adopted) and the supplier.
Procurement
The promoter is a private company providing its services in kliberalized markets, and is therefore exempt from utility type regulations.
Status
Signed - 11/08/2008
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).