Release date: 5 August 2008
Promoter – Financial Intermediary
Telecom Italia S.p.A.
Location
Description
The project concerns the provision of high speed broadband access in uncovered areas in Italy. A mixture of fixed as well as wireless technologies will be utilised.
Objectives
The project will reduce the broadband gap within Italy by extending the coverage to unserved areas or improving the service quality.
Sector(s)
Proposed EIB finance (Approximate amount)
Indicative amount of EUR 550 million.
Total cost (Approximate amount)
Indicative amount of EUR 2.1 billion.
Environmental aspects
Investments in fixed telecommunications infrastructures do not fall under Annex I or II of Directive 85/337/EEC as amended by Directives 97/11/EEC and 2003/35/EEC. Project specific environmental details will be assessed during appraisal, including the possible impacts on protected flora and fauna (Habitats 92/43/EEC and Birds 79/409/EEC).
Procurement
According to utility directive 2004/17/EC, the telecommunications sector is exempt from public procurement procedures due to its competitive nature. Hence the private promoter might opt for other suitable procedures, which are in the interest of the project. The effectiveness of this procedure will be assessed during appraisal.
Status
Signed - 12/02/2009
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).