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Broadband

Metroweb CEO says TI broadband investment plans insufficient

Monday 13 April 2015 | 09:24 CET | News
Telecom Italia's recently announced plans to use EUR 500 million of its own resources to bring FTTH to 40 Italian cities by 2017 have been criticised as insufficient by Franco Bassanini, CEO of broadband provider Metroweb and chairman of state-backed holding company Cassa Depositi e Prestiti (CDP). Bassanini argued that EUR 500 million wouldn't be enough to cover the 40 cities included the plan. However, Telecom Italia's chairman Giuseppe Recchi said he was "flabbergasted to hear criticism of private companies who want to invest when everywhere else in the world countries are competing to

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Categories: Fixed
Companies: Telecom Italia
Countries: Italy
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