π Tender Overview
Project Number
50067
Company Name
AMALGAMATED TELECOM HOLDINGS LIMITED
Date ESRS Disclosed
Aug 11, 2025
Country
East Asia and Pacific Region
Region
East Asia and the Pacific
Last Updated Date
Aug 11, 2025
Environmental Category
B - Limited
Status
Pending Approval
Sector
Mobile Telephony
Industry
Telecommunications, Media, and Technology
Department
Regional Industry - INF Asia & Pac
Project Description
Amalgamated Telecom Holdings Limited ( ATH ), mobile network operator ( MNO ) has operations in Fiji, Kiribati, Vanuatu, Samoa, American Samoa, the Cook Islands and PNG. The proposed financing consists of four (4) individual loan facilities for a total of US$ 80,026,784 in local currency, to be structured through separate direct loan agreements with four of ATHβs subsidiaries or Operating Companies ( OpCos ), namely (i) Digitec Communications Limited (i.e., Vodafone Papua New Guinea); (ii) Telecom Vanuatu Limited (i.e., Vodafone Vanuatu); (iii) ATH Kiribati Limited (i.e., Vodafone Kiribati); and (iv) Vodafone Samoa Limited (i.e., Vodafone Samoa). Vodafone Samoa is currently operating approximately 132 towers, seven retail shops, two datacenters, and planned to have additional 15 towers in the next three years. Vodafone PNG is currently running nearly 800 towers, four datacenters, and plans for additional 400 towers, mainly collocated with other service providers (e.g., mining companies). Vodafone Vanuatu has 131 operating towers, and plans for additional 40 sites from Universal Access Policy program. Vodafone Kiribati currently has approximately 43-45 towers in operation and has an extension plan to smaller islands in the next 3-4 years. The use of proceeds includes CAPEX for upgrades of existing systems including storage, retail shops, kiosks, furniture, network/IT system upgrades, terrestrial copper to fiber network replacement, and ancillaries, including spare equipment, power generators, vehicles, etc. The CAPEX will not cover any installation of new towers or major facilities. The proposed financing is also to support ATH to repay its existing USD debt, which was incurred to previously fund the OpCos (the Project ).
Overview of IFC's Scope of Review
IFCβs review of this proposed investment was undertaken between April to July 2025 and included: (i) screening of the OpCosβ existing infrastructure (including towers, fiber networks, datacenters, etc.) for potential biodiversity impacts, mainly to the Alliance of Zero Extinction (AZE) or World Heritage Sites (WHS) and other protected areas and internationally recognized areas such as Key Biodiversity Areas (KBAs); (ii) review of E&S-related information and documents submitted by the OpCos, including technical details about the operations, the E&S policies and procedures, and human resources ( HR ) management procedures; (iii) site visits in June and July 2025 to three OpCos in PNG, Vanuatu and Samoa and walk-through to selected tower sites, and operational facilities and v