Release date: 23 October 2012
Promoter – Financial Intermediary
HI3G ACCESS ABLocation
Description
The project concerns the rollout of a new 4G/Long Term Evolution (LTE) based mobile network in Sweden and Denmark. After the award of the new mobile licences in 2011, the rollout started and will result in many new or replaced nodes. The new network will allow for very high speed mobile broadband services very similar to fixed lines services.
Objectives
The network upgrade and expansion will enable the provision of high speed mobile broadband services to a wider extent in Denmark and in Sweden.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 200 million
Total cost (Approximate amount)
Not disclosed
Environmental aspects
Investments in mobile telecommunication projects (such as base stations, transmission systems and IT systems) do not fall under the European EIA Directive 2011/92/EU. Mobile telecommunication systems have limited environmental effects. Potential health risks from electromagnetic radiation are still being studied at an international level. The visual impact of base station towers can be mitigated by appropriate construction and operation measures.
Full environmental details, including the applicable Swedish and Danish legal framework, will be assessed during appraisal, including the possible impacts on protected flora and fauna (Habitats 92/43/EEC and Birds 79/409/EEC Directives).
Procurement
The promoter is a private company not operating in the Utilities sector, and is thus not covered by EU Directives on procurement.
Status
Signed - 3/04/2014
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).