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Broadband

Italian govt pressing Enel over single network plan - report

Tuesday 24 November 2020 | 09:39 CET | News
The Italian government has written to the board of utility giant Enel to urge it to resolve the possible sale of its stake in wholesale operator Open Fiber on an urgent basis in view of the strategic importance of creating a nationwide fibre-optic network, according to sources cited by Reuters. Open Fiber is jointly owned by state lender CDP and utility giant Enel, with the latter currently assessing a binding offer for its 50 percent stake in Open Fiber from Australian infrastructure fund Macquarie. In the letter, Italy's economy and industry ministers said plans to create a unified

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