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        BROADBAND DIGITAL DIVIDE

        Signature(s)

        Amount
        € 900,000,000
        Countries
        Sector(s)
        Italy : € 900,000,000
        Telecom : € 900,000,000
        Signature date(s)
        3/12/2010 : € 100,000,000
        3/12/2010 : € 200,000,000
        12/02/2009 : € 300,000,000
        12/02/2009 : € 300,000,000

        Summary sheet

        Release date
        5 August 2008
        Status
        Reference
        Signed | 12/02/2009
        20080113
        Project name
        Promoter - financial intermediary
        Broadband Digital Divide

        Telecom Italia S.p.A.

        Proposed EIB finance (Approximate amount)
        Total cost (Approximate amount)
        Indicative amount of EUR 550 million.
        Indicative amount of EUR 2.1 billion.
        Location
        Sector(s)
        Description
        Objectives

        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.

        The project will reduce the broadband gap within Italy by extending the coverage to unserved areas or improving the service quality.

        Environmental aspects
        Procurement

        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).

        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.

        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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