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    Reference: 20060027
    Release date: 12 July 2006

    Promoter – Financial Intermediary

    Vodafone Group Plc

    Location

    Description

    Investment in the network and operations of Turkey’s second largest mobile phone operator, following its acquisition by Vodafone Group Plc.

    Objectives

    To improve product and service quality to Vodafone group standards.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 400 million

    Total cost (Approximate amount)

    Approximately EUR 1 billion

    Environmental aspects

    Environmental Impact Assessment not Required ISO certificates/policy to be determined.

    Procurement

    EU procurement legislation does not apply to the project. The Promoter’s procurement procedures satisfy EIB’s procurement policy – confirmation of approach as part of due diligence.

    Status

    Signed - 16/11/2006

    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).

    Related tags

    Turkey Telecom