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    Reference: 20130672
    Release date: 7 March 2014

    Promoter – Financial Intermediary

    TELECOM ITALIA SPA

    Location

    Description

    R&D activities of Telecom Italia (TI) carried out by three different departments as well as companies of the TI group (TI Lab, TI Innovation, TI Information Technology). The R&D program covers the period 2013-2015 and will be carried out mainly in Italy.

    Objectives

    The activities comprise basic research as well as product and software development for new fixed and mobile telecommunication services that make use of ultra-high speed broadband networks.

    Comments

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 350 million

    Total cost (Approximate amount)

    EUR 851 million

    Environmental aspects

    R&D activities on ICT do not fall under any annexes of the Directive 2011/92/EU and therefore do not need a mandatory Environmental Impact assessment (EIA). The project activities will be carried out in existing facilities already authorised that will not change the scope due to the project; therefore it is unlikely that the local competent authority has required an EIA for the project. However full environmental details including environmental objectives of the R&D program and if needed, the CO2 footprint as well as the possible impacts on protected flora and fauna (Habitats 92/43/EEC and Birds 79/409/EEC Directives) will be assessed during the appraisal.

    Procurement

    The promoter is a private company not operating in the utilities sector and not having a status of a contracting authority. Thus, it is not covered by the EU directives on procurement.

    Status

    Signed - 30/07/2014

    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

    Italy Services