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    Signature(s)

    Amount
    € 350,000,000
    Countries
    Sector(s)
    Italy : € 350,000,000
    Telecom : € 350,000,000
    Signature date(s)
    28/07/2008 : € 350,000,000

    Summary sheet

    Release date
    10 March 2008
    Status
    Reference
    Signed | 28/07/2008
    20070450
    Project name
    Promoter - financial intermediary
    Vodafone fixed-mobile broadband
    Vodafone Group Plc
    Proposed EIB finance (Approximate amount)
    Up to EUR 350 million
    Location
    Sector(s)
    Description
    Objectives

    The project concerns the roll-out of a converged fixed-mobile broadband telecommunication network in Italy.

    The project will enable Vodafone to deliver competitive broadband offering in one of Vodafone’s key European market.

    Environmental aspects
    Procurement

    Investments in mobile and fixed telecommunication projects (including investments in base stations, transmission systems and OSS) do not fall under Annex I or II of Directive 85/337EEC as amended by Directives 97/11/EEC and 2003/35EEC. Full environmental details will be assessed during appraisal.

    The promoter is a private company not operating in the Utilities sector, and is therefore not covered by the EU Directive 2004/17/EEC on procurement. The procurement procedures used, and to be used, will be assessed during appraisal.

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    General enquiries and comments

    The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

    Media enquiries

    Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

    Complaints mechanism

    Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

    Zero tolerance against fraud and corruption

    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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