Release date: 31 October 2018
Promoter – Financial Intermediary
DNA OYJLocation
Description
The project relates to the capacity expansion and technological upgrade of the promoter's 4G mobile broadband network, as well as the initial deployment of a 5G network, to accommodate the expected high growth of data traffic that comes with the favourable mobile pricing plans with unlimited data volume marketed by the promoter. It includes investments in the radio access network, transmission, core network and related IT systems.
Objectives
This project will improve the promoter's capacity to cope with the steep growth of data traffic.
Sector(s)
- Telecom - Information and communication
Proposed EIB finance (Approximate amount)
EUR 90 million
Total cost (Approximate amount)
EUR 195 million
Environmental aspects
The installation of mobile telecommunication networks do not fall under Annexes I and II of the Directive 2014/52/EU amending the Environmental Impact Assessment (EIA) Directive 2011/92/EU, and are therefore not subject to mandatory Environmental Impact Assessment. There is no particular negative residual environmental impact expected.
Procurement
The promoter is a private company not operating in the Utilities sector not having the status of a contracting authority, and is thus not covered by EU Directives on procurement.
Status
Signed - 24/10/2018
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).