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    Signature(s)

    Amount
    € 470,000,000
    Countries
    Sector(s)
    Italy : € 470,000,000
    Telecom : € 470,000,000
    Signature date(s)
    19/05/2021 : € 120,000,000
    25/11/2019 : € 350,000,000
    Link to source

    Summary sheet

    Release date
    10 December 2019
    Status
    Reference
    Signed | 25/11/2019
    20190241
    Project name
    Promoter - financial intermediary
    TIM MOBILE NETWORK
    TELECOM ITALIA SPA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 470 million
    EUR 799 million
    Location
    Sector(s)
    Description
    Objectives

    The project will finance an early deployment of 5G and the upgrade of the promoter's Italian mobile network with advanced 4G/LTE and 5G equipment. Through these measures, the mobile coverage with higher data rates will reach 99% of population, increase the network capacity to cope with the strong traffic growth and allow for top speeds up to 750 Mbps. At the same time, the investments are also facilitating the expansion of the commercial 5G broadband services across the country including Fixed Wireless Access solutions. The project implementation is planned for the years 2019 to 2020.

    The project will result in an increased quality of services with top speed levels of 700Mbps Gbps and lower latencies compared to standard 4G networks.

    Environmental aspects
    Procurement

    The installation of mobile telecommunication networks do not fall under Annexes I and II of the Directive 2014/52/EU amending the Environmental Impact Assessment (EIA) Directive 2011/92/EU, and are therefore not subject to mandatory Environmental Impact Assessment. There is no particular negative residual environmental impact expected.

    The promoter is a private company not operating in the Utilities sector and not having the status of a contracting authority. Therefore it is not covered by EU Directives on public procurement.

    Link to source
    Summary sheet

    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).

    Documents

    Environmental and Social Data Sheet (ESDS) - TIM MOBILE NETWORK
    Publication Date
    8 Dec 2019
    Document language
    Main Topic
    Lending
    Document Number
    94652174
    Document Focus
    Environmental Information
    Project Number
    20190241
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - TIM MOBILE NETWORK
    Publication Date
    20 Dec 2022
    Document language
    Main Topic
    Lending
    Document Number
    163215573
    Document Focus
    Environmental Information
    Project Number
    20190241
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

    News & Stories

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    Photogallery

    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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