Release date: 13 June 2006
Promoter – Financial Intermediary
Telecom Italia Media (TI-M) is a separately quoted TI subsidiary whose activities are focused on the television and media sector in Italy.Location
Description
The project comprises investments to upgrade to digital working existing analogue TV broadcasting transmitter sites spread throughout Italy plus a digital transmission network linking those sites to TV studios, hence creating a Digital Terrestrial Television (DTT) service platform.
Objectives
The project will be a positive feature for the future development of the European information and communication society and the take up of new technology. The project overall will provide benefits for (i) the users, improving the quality and quantity of television, (ii) market operators, such as content providers, which will benefit from new transmission opportunities and (iii) the television and media industry as a whole, opening broad opportunities for the development of the market and an increase in inter-operability between television and other communication networks. The project will also support European competitiveness in the IT/Internet/media/telecom sector, with impacts on technological and contents development and job creation.
Comments
Transport, Storage and Communication
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 100 million
Total cost (Approximate amount)
About EUR 280 million
Environmental aspects
The main impact of the project will be the electromagnetic field radiations of TV broadcasting towers that can have an effect on humans. However the promoter follows the industry best practices and respects the EU, Italian and regional law and regulations. The project activities do not fall under Annexes I or II of the EIA Directive 97/11/EC.
Procurement
The promoter operates in a fully competitive market and is thus not bound by the latest EU utility directive (Directive 2004/17/EC). The procedures followed by the promoter will be checked during appraisal.
Status
Signed - 27/11/2006
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).