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Elettra Tlc, all about the French company Orange that won the Infratel (Invitalia) tender

Elettra Tlc, all about the French company Orange that won the Infratel (Invitalia) tender

Infratel (Invitalia group) announced the award to Elettra Tlc (Orange group) of the tender for the ultra-broadband connection of the smaller islands. Here are the accounts and top management of Elettra Tlc

In the second round there is a winner for the Infratel tender to bring fast internet connections even to the smaller islands: this is the company Elettra Tlc.

Thus began the work to bring the ultra-fast connection to the smaller islands of Lazio, Puglia, Sicily, Tuscany and Sardinia, after the flop of the Infratel tender (inhouse company of Mef and part of the Invitalia group, "implementing body" of the government's plans on the band wide and ultra-wide).

The first tender of the strategy for ultra-broadband financed with the resources of the PNRR was in fact deserted .

Infratel Italia, with a resolution of the board of directors of 27 April 2022, awarded Elettra tlc Spa the award of the 45.6 million euro tender for the design, supply and installation of submarine fiber optic cables.

As stated in the notice published by Infratel itself, the contractor Elettra is also the only company to have sent its candidacy for the tender.

All the details on the Elettra tlc spa company based in Rome but controlled by the French group Orange.

AWARD OF THE NOTICE

After the first tender went deserted , Infratel banned a second time the public intervention for the coverage of the smaller islands, provided for by the Pnrr.

This is therefore the procedure that will allow work to begin to bring ultra-broadband internet connection to the smaller Italian islands of the regions of Lazio, Puglia, Sicily, Tuscany and Sardinia.

The only one to have participated in the tender was therefore Elettra Tlc spa of the Orange group, which was the winner. The latter "will have Prysmian as a partner for the supply of cables", reports Il Sole 24 Ore.

THE STORM

According to the announcement, the works must be completed by 31 December 2023. As regards maintenance, however, this is ensured until 31 December 2028.

EDS INFRASTRUTTURE SPA DESIGNER IN CHARGE

The design is by EDS Infrastructure SpA

THE COMMENT OF VITTORIO COLAO

“In recent months, we have launched all the tenders envisaged by the PNRR to bring fast internet throughout Italy, to remote areas, where it is more difficult to reach, and to strategic locations in the country, such as schools and health facilities. The awarding of the 45 million of this tender for the smaller islands marks an important step in the path we have traced towards an increasingly digital Italy, and to leave no one behind, commented Vittorio Colao, Minister for technological innovation and digital transition.

WHAT IS ELETTRA TLC SPA

Headquartered in Rome, Elettra tlc is a company part of the French group Orange, specialized in the use of ships for the laying of submarine cables, and will have Prysmian as a partner for the supply of cables.

As stated on its website , the main activities carried out in the telecommunications, energy and oil & gas fields are: feasibility analysis for submarine systems projects; oceanographic surveys; inspections and maintenance on existing subsea systems; installation of submarine systems and turnkey solutions for the construction of submarine telecommunications systems.

Since 1996 Elettra has successfully performed over 100,000 km of marine surveys and 72,000 km of marine installations for the main world players.

It has around 200 employees.

THE PARTNERS

With a share capital of € 10.3 million, the company is 100% controlled by the Orange group through its subsidiary Atlas Services Belgium SA

THE GOVERNANCE

In addition to chairman Emmanuel Remi Didier Dillard, the board includes Geoffroy De Dinechin Dupont, Johan Frans Van Den Cruijce, Elio Rubino, Jean-Luc Vuillemin, Jean Sebastien Boucher and Duccio Righetti.

SAIPEM, VODAFONE, HUAWEI MARINE NETWORKS AMONG CUSTOMERS

Its clients include: Alcatel-Lucent Submarine Networks; Saipem, Meo; Vodafone; Emtel; Darksea, Malta Enterprice and Huawei Marine Networks.

THE NUMBERS

Elettra Tlc Spa closed the 2020 financial statements with a positive result of 2 million euros.

The company recorded a turnover of 45 million euros in 2020, an increase compared to the 36 million euros of 2019. The profit also grew to 2 million against the loss of 257 thousand euros in 2019. Production costs amounted to to 44.9 million euros.

The company boasts a total of tangible fixed assets worth 12.7 million euros and total debts of 13.8 million euros.

BREAKDOWN OF REVENUES

As emerges from the 2020 budget report, the breakdown of revenues by geographical area is divided as follows: 5 million from Italy, 31.7 million from Europe and the remainder from the rest of the world.

THE COMMENT OF DARIO DENNI

So the resources of the Italian PNRR will go to an Italian company but controlled by a French group. Therefore Dario Denni, founder of Europio Consulting, who had already expressed some perplexity about the flop of the first call, now asks himself on Linkedin "How many funds from the French PNRR will go to Italian companies?"


This is a machine translation from Italian language of a post published on Start Magazine at the URL https://www.startmag.it/innovazione/elettra-tlc-infratel-orange/ on Mon, 02 May 2022 13:17:00 +0000.