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Signature(s)

Amount
€ 300,000,000
Countries
Sector(s)
Italy : € 300,000,000
Telecom : € 300,000,000
Signature date(s)
26/09/2011 : € 50,000,000
26/09/2011 : € 50,000,000
5/08/2011 : € 100,000,000
26/09/2011 : € 100,000,000
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Summary sheet

Release date
23 November 2010
Status
Reference
Signed | 05/08/2011
20100485
Project name
Promoter - financial intermediary
TI - Ricerca e Sviluppo Banda Larga

Telecom Italia S.p.A. (“TI”)

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 250 million
Approximately EUR 581 million
Location
Sector(s)
Description
Objectives

The project concerns the Promoter’s investments for Information and Communication Technology research, development and innovation (RDI) activities in Italy. It will focus on broadband technologies and advanced network architectures, on users systems, on network and service management systems and on application platforms.

The project is expected to increase the diffusion of advanced broadband services for both the existing and the next generation fixed and mobile networks.

Environmental aspects
Procurement

The project does not fall under Annex I of the Environmental Impact Assessment Directive 97/11/CE but it may fall under Annex II if it includes premises in new estate developments, which will be assessed during appraisal. Compliance with environmental legislation including Natura 2000 areas will be assessed too.

The promoter is a private company and EU Directives do not apply. It will be assessed whether the procurement procedures followed are in the interest of the project and the promoter.

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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 Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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