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        BROADBAND TURKEY

        Signature(s)

        Amount
        € 250,000,000
        Countries
        Sector(s)
        Türkiye : € 250,000,000
        Telecom : € 250,000,000
        Signature date(s)
        15/04/2010 : € 100,000,000
        12/05/2010 : € 150,000,000

        Summary sheet

        Release date
        4 November 2008
        Status
        Reference
        Signed | 15/04/2010
        20080416
        Project name
        Promoter - financial intermediary
        Broadband Turkey

        Türk Telekomünikasyon A.S.

        Proposed EIB finance (Approximate amount)
        Total cost (Approximate amount)
        Indicative amount of EUR 250 million.
        Indicative amount of EUR 500 million.
        Location
        Sector(s)
        Description
        Objectives

        The project concerns an increase in broadband capacity in Turkey by approximately 2 million lines.

        The increase in broadband capacity will extend coverage and improve speed of existing coverage in a country where internet penetration levels are well below the EU average.

        Environmental aspects
        Procurement

        If the project was located in the EU it would not fall under Annex I or II of EIA directive 85/337/EEC, amended by directives 97/11/EC and 2003/35/EC. Installation and operation of fixed networks equipment have limited residual environmental effects. Further details will be assessed during appraisal.

        The promoter is a private company and the fixed line market has been liberalised since 2004. Therefore the promoter is not subject to public procurement procedures but may opt for other suitable procedures, which are in the interest of the project. The effectiveness of these procedures 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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