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Broadband

Enel close to finalising Metroweb deal – report

Monday 11 April 2016 | 08:53 CET | News
Italian utility Enel is close to finalising an agreement that will see its newly-created Enel Open Fiber venture take a 50 percent share in a new company set up with Milan-based broadband provider Metroweb, reports Il Sole 24 Ore. Renato Ravanelli, the CEO of Metroweb's largest shareholder, the Italian infrastructure fund F2i, met with Enel Open Fiber chief executive Tommaso Pompei to negotiate a deal that should be closed within two weeks, said the report. The aim is to set up a new company with Metroweb shareholders F2i and CDP Equity to help build a national fibre-optic network. 

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Categories: Fixed
Companies: Enel / Metroweb
Countries: Italy
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