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Broadband

CDP to buy out Metroweb if F2i stake unsold – Bassanini

Tuesday 7 April 2015 | 08:40 CET | News
Italy's state-backed holding company Cassa Depositi e Prestiti (CDP) is prepared to buy out fibre-optic provider Metroweb if there are no takers for the stake owned by infrastructure fund F2i, said CDP chairman Franco Bassanini. Speaking at the annual conference of AIIP, the Italian association of internet providers, Bassanini confirmed that "concrete negotiations" were underway with Vodafone Italia over the future of Milan-based Metroweb but discussions with Telecom Italia have stalled over the former incumbent's insistence on a majority stake. "If there are no investors willing to buy F2i's

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Categories: Fixed
Companies: Fastweb / Telecom Italia / Vodafone Italia
Countries: Italy
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