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Broadband

Italian industry minister backs TIM-Open Fiber tie up

Tuesday 28 April 2020 | 16:00 CET | News
Italy's industry minister has given his strong support to the project to merge the fibre assets of Telecom Italia (TIM) and wholesale operator Open Fiber to create a national high-speed broadband network. In an interview with Italian financial daily Il Sole 24, Stefano Patuanelli suggested new equity investments from state lender CDP could be used on strategically important ventures such as high-speed broadband networks. He said he looked "very favourably" on the single TIM-Open Fiber broadband project, describing it as "fundamental for the country".

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