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Latvia Project Notice - LMT NETWORK DEVELOPMENT


Project Notice

PNR 54003
Project Name LMT NETWORK DEVELOPMENT
Project Detail The project will support investments of LATVIJAS MOBILAIS TELEFONS (LMT) related to the expansion and technological upgrade of their mobile network capacity , towards a Very High Capacity Network (VHCN). It will result in the rollout of 150 5G sites providing very high capacity and speed services (> 1 Gbps) in urban areas and 690 5G sites to expand coverage all over the country, as well as the fibre optic backhaul to those sites. The promoter will also upgrade its core network to 5G standalone technology and its service and cybersecurity platforms as well as business and operations support systems, and will continue to support the expansion of its 4G access network, notably to enable the decommissioning of the 3G network and a seamless transition to 5G. Objectives The aim is to facilitate the transition towards a very-high capacity network (VHCN) coverage and increase the 4G network capacity. This will result in the rollout of 200 5G sites in densely populated areas and 600 5G sites in rural areas across the country. The related investments also cover backhaul optical fibre network installation, core network capacity expansion, including the deployment of cloud systems to allow distributed and virtualised network functions, as required by the latest mobile technologies. Furthermore, investments include research, development and innovation activities to develop new innovative applications and business solutions, based on 5G new technological possibilities. Sector(s) Telecom - Information and communication Proposed EIB finance (Approximate amount) EUR 50 million Total cost (Approximate amount) EUR 101 million
Funded By European Investment Bank (EIB)
Sector Education & Training
Country Latvia , Northern Europe
Project Value LVL 10,100,000

Contact Information

Company Name LATVIJAS MOBILAIS TELEFONS SIA
Web Site https://www.eib.org/en/projects/pipelines/all/20220072

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