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    Signature(s)

    Amount
    € 100,000,000
    Countries
    Sector(s)
    Italy : € 100,000,000
    Telecom : € 100,000,000
    Signature date(s)
    27/11/2006 : € 100,000,000

    Summary sheet

    Release date
    13 June 2006
    Status
    Reference
    Signed | 27/11/2006
    20050406
    Project name
    Promoter - financial intermediary
    TI MEDIA – Digital TV Network
    Telecom Italia Media (TI-M) is a separately quoted TI subsidiary whose activities are focused on the television and media sector in Italy.
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Up to EUR 100 million
    About EUR 280 million
    Location
    Sector(s)
    Description
    Objectives

    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.

    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.

    Environmental aspects
    Procurement

    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.

    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.

    Comments

    Transport, Storage and Communication

    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).

    General enquiries and comments

    The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

    Media enquiries

    Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

    Complaints mechanism

    Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

    Zero tolerance against fraud and corruption

    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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