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Signature(s)

Amount
€ 70,000,000
Countries
Sector(s)
Türkiye : € 70,000,000
Telecom : € 70,000,000
Signature date(s)
23/11/2012 : € 70,000,000
Link to source
Data sheet

Summary sheet

Release date
10 July 2012
Status
Reference
Signed | 23/11/2012
20120073
Project name
Promoter - financial intermediary
TURK TELEKOM R&D
TURK TELEKOMUNIKASYON AS
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 70 million
EUR 150 million
Location
Sector(s)
Description
Objectives

The program concerns Turk Telekom Groups RDI activities carried out from 2012 to 2014 in the field of fixed line, mobile and internet based services. The key focus is the development of new technologies and services adapted to the local needs and culture. Some of the activities are done in the context of FP7 or EUREKA programs.

The broadband telecommunications market in Turkey is becoming very competitive with innovation driving the development of new innovative and attractive services among the operators in order to avoid revenue saturation. RDI activities in telecom services are necessary in order to adapt innovative services to the local environment, thus encouraging faster take up rates of broadband usage. The project is expected to stimulate the uptake of broadband services and therefore reduce the current digital divide to the member states of the EU. It is eligible under the pre-accession facility and under Knowledge Economy (Innovation), if it would be carried out in Europe.

Environmental aspects
Procurement

The project activities do not fall under Annexes I and II of the EU Directive 2011/92/EC, and are therefore not subject to mandatory Environmental Impact Assessments. As the proposed investments will mainly take place inside existing office buildings and concern to a large extent software research/development, no particular negative impact on the environment is expected.Full environmental details will be assessed during appraisal.

The promoter is a private company not operating in the Utilities sector, and is thus not covered by EU Directives on procurement.

Link to source
Summary sheet

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).

Documents

Environmental and Social Data Sheet (ESDS) - TURK TELEKOM R&D
Publication Date
10 May 2016
Document language
Main Topic
Lending
Document Number
66093687
Document Focus
Environmental Information
Project Number
20120073
Sector(s)
Countries
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - TURK TELEKOM R&D
Publication Date
9 Oct 2017
Document language
Main Topic
Lending
Document Number
63126597
Document Focus
Environmental Information
Project Number
20120073
Sector(s)
Countries
Publicly available
Download now

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