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Telecoms projects

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Telecoms and Media homepage

In many transition countries fixed-line telephone penetration is very low. Mobile communications provide a substitute, as here in Tajikistan.

Many countries, such as the Kyrgyz Republic, can leapfrog the technology spectrum by moving from low-capacity, analogue, copper-based media to high-speed, digital, broadband services using fixed-radio or optical fibre systems.

Project Summary Documents

Project Summary Documents (PSDs) are disclosed for each project prior to Board consideration. They contain project descriptions, financial details, client information, environmental issues, tender guidelines, and contact details. PSDs for private sector projects are disclosed at least 30 days prior to Board consideration and for state sector projects, at least 60 days.

Project Summary Documents

Signed projects

Board approval is the final stage in the project approval process. After Board approval, the EBRD and the client sign the deal and it becomes legally binding. Signed project lists reflect year-end data.

Signed projects  (0.1Mb) 

Case studies

Benchmark transactions

The EBRD takes a flexible approach to financing. It meets diverse needs within the sector and can satisfy the different economic and regulatory requirements in each country.

The Bank provides a wide selection of financing to large and small companies throughout the region: from standard debt to highly sophisticated instruments combining debt and equity. Debt financing ranges from corporate loans to project finance, while equity can be provided at IPO time or though secondary private placements. EBRD also offers local currency financing, and whenever possible, it involves commercial banks.

Of the telecommunications and media projects in the EBRD's portfolio, a number stand out as useful examples of how the Bank has been able to catalyse and facilitate such transactions in its countries of operations.

From public to private sector

The prime objective of the Bank is to support the private sector. To do this it has financed public sector entities as they make the transition into the private sector.

Investing in larger companies

The Bank has invested in many major companies in the Region. Such projects can have a high demonstration effect and a significant impact on the market in any particular country.

Investing in smaller companies

The Bank has established a number of equity funds to make investments in smaller information technology and new economy companies. Investments typically range from a few hundred thousand Euro up to €5M.

Working with commercial financing

In times of greater uncertainty, commercial banks increasingly look to the EBRD to support loan syndication and equity placement transactions. The Bank seeks to mobilise both commercial and official sources of co-financing, whenever possible.

Local currency financing

The EBRD is able, in the more advanced countries, to provide local currency financing, which is more suited to the needs of its Clients helping them to mitigate foreign currency risk.

Reconstruction

The Bank has played a vital part in helping some of its countries of operation reconstruct after periods of internal strife.



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