Release date: 18 March 2005
Promoter – Financial Intermediary
TIM, Italy’s main provider of mobile telecoms services.Location
Description
Investments for the initial phase of development of a 3rd generation (UMTS) mobile telecoms network in some 100 main urban areas plus further expansion and enhancements, throughout Italy, to an existing 2nd generation (GSM) network so allowing for new transition data services (GPRS & EDGE).
Objectives
To develop further the promoter’s mobile telecoms network so as to allow new high-speed data and other services to be offered throughout Italy.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 600 million
Total cost (Approximate amount)
About EUR 2 800 million
Environmental aspects
No negative environmental impact is expected apart from the visual impact of the establishment of new mobile radio site antenna towers. Electromagnetic radiation from radio sites is well below EU limits under a more restrictive national legislation.
Procurement
Purchase of equipment will be via international enquiry among the most qualified suppliers.
Status
Signed - 25/11/2004
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).