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EU unlikely to green light TIM-Open Fiber merger - report

Thursday 17 September 2020 | 10:35 CET | News
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The European Union's competition officials are likely to oppose Italy's plan to create a single national high-speed broadband network controlled by Telecom Italia (TIM), according to unnamed sources cited by Bloomberg. The bloc's antirust arm led by Margrethe Vestager is reportedly concerned that a proposed merger of TIM's fibre-optic assets with those of state-backed rival Open Fiber would give rise to a monopoly, undermining two decades of deregulation, said the sources.

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Categories: Fixed
Companies: European Commission / Open Fiber / Telecom Italia / TIM
Countries: Italy
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