T-MOBILE POLAND NETWORK DEVELOPMENT (EIB-20160823)

Countries
  • Poland
Where the impacts of the investment may be experienced.
Financial Institutions
  • European Investment Bank (EIB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Mar 27, 2017
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
T-MOBILE POLSKA SA
The holder of the loan, grant, or other investment.
Sectors
  • Communications
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 298.68 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Currency conversion note:
Bank reported EUR 275 million
Converted using 2017-03-27 exchange rate.
Loan Amount (USD)
$ 298.68 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Currency conversion note:
Bank reported 275 million
Converted using 2017-03-27 exchange rate.
Project Cost (USD)
$ 597.35 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Currency conversion note:
Bank reported EUR 550 million
Converted using 2017-03-27 exchange rate.
Primary Source

Original disclosure @ EIB website

Updated in EWS Feb 12, 2018

Disclosed by Bank Jan 30, 2017


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Project Description

According to EIB website, the project will increase the availability and quality of high speed mobile broadband services based on 4G/LTE technology. The project includes the network expansion and capacity increase over the years 2017 to 2019 in order to cope with the continued data traffic increase and to provide the latest mobile broadband services through shared networks together with Orange Poland. It will enable further development of innovative mobile broadband services in the Polish market, thereby strengthening the promoter's market position. Furthermore the project will support the mobile broadband ecosystem in Poland, which should stimulate economic growth.

In terms of environmental and social aspect, this project is classified as acceptable and it is therefore eligible for the Bank’s financing.

Investment Description
  • European Investment Bank (EIB)
Contact Information

No contact information provided at the time of disclosure.

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