KPN 5G NETWORK INITIAL DEPLOYMENT (EIB-20180652)

Countries
  • Netherlands
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
Apr 1, 2019
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
KONINKLIJKE KPN NV
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)
$ 336.15 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 300 million
Converted using 2019-04-01 exchange rate.
Loan Amount (USD)
$ 336.15 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 728.33 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 650 million
Converted using 2019-04-01 exchange rate.
Primary Source

Original disclosure @ EIB website

Updated in EWS Apr 12, 2019

Disclosed by Bank Apr 2, 2019


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Project Description

According to EIB website, the project relates to the expansion in capacity of the promoter's 4G mobile broadband network and the initial deployment of a 5G network, in order to cope with the expected growth of data traffic and demand for higher data rates. It covers investments in the radio, access network, transmission, core network and IT systems. The project also includes improvements of the promoter's cybersecurity capabilities. It aims to increase the capacity, and therefore the speed and quality of service, of the promoter's mobile network in the country. 

Investment Description
  • European Investment Bank (EIB)
Private Actors

Koninklijke KPN N.V. provides telecommunications and information technology (IT) services in the Netherlands. It offers fixed and mobile telephony, broadband Internet, and television services to retail consumers; network related IT solutions to business customers; and wholesale network services to third parties.

Contact Information

No contact information provided at the time of disclosure. 

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