0
Broadband

Open Fiber requesting EUR 1.5 bln damages from TIM - report

Tuesday 30 June 2020 | 09:47 CET | News
The Open Fiber venture of Italian utility giant Enel and state lender CDP is seeking EUR 1.5 billion in damages from Telecom Italia (TIM) for the latter's alleged abuse of its dominant position in the broadband market, according to two unnamed sources cited by Reuters. The damages claim was reportedly brought after Italy's competition watchdog AGCM fined TIM EUR 116 million in March for carrying out a "premeditated anti-competition strategy" to preserve its status in the ultra-fast broadband sector.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Fixed
Companies: Open Fiber / Telecom Italia / TIM
Countries: Italy
::: add a comment
This article is part of dossier

Fibre


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Telecom Italia urging state lender to invest in last-mile network - report

Published 10 Jul 2020 09:33 CET | Italy
Telecom Italia (TIM) has suggested that state lender CDP could invest in the last-mile network it's preparing to set up with US ...

Open Fiber expands FTTH network to new Salerno localities

Published 07 Jul 2020 10:30 CET | Italy
Italian wholesale operator Open Fiber has launched the first commercial offer using its FTTH network in the town of San Giovanni ...

Iliad inks deal with Open Fiber to launch Italian FTTH offer

Published 07 Jul 2020 09:46 CET | Italy
Italian mobile operator Iliad Italia has announced an agreement with wholesale provider Open Fiber to launch a fixed broadband ...

TIM sells Inwit stakes to Ardian and Canson for EUR 1.6 bln

Published 25 Jun 2020 08:59 CET | Italy
Telecom Italia (TIM) has announced the sale of direct and indirect stakes in mobile towers group Inwit to a consortium led by ...

Grillo calls Open Fiber 'failure', says CDP should lead merger with TIM

Published 23 Jun 2020 09:44 CET | Italy
Beppe Grillo, co-founder of Italy's Five Star political movement, has called for state bank CDP to merge Open Fiber with TIM, in ...

Macquarie makes offer for Enel's Open Fiber stake

Published 17 Jun 2020 09:56 CET | Italy
Australian infrastructure fund Macquarie has tabled an offer to acquire Enel's 50 percent stake in Italian wholesale-only ...

Iliad steps up talks with Open Fiber on fixed-line launch in Italy - report

Published 03 Jun 2020 10:28 CET | Italy
Italian mobile operator Iliad Italia has intensified discussions with wholesale provider Open Fiber about launching a fixed ...

Iliad Italia seeks EUR 71 mln in damages from TIM for anti-competitive conduct

Published 19 May 2020 09:28 CET | Italy
The Iliad Italia subsidiary of France's Iliad has brought legal action before a Milan court against Telecom Italia (TIM) and its ...

Italian industry minister backs TIM-Open Fiber tie up

Published 28 Apr 2020 16:00 CET | Italy
Italy's industry minister has given his strong support to the project to merge the fibre assets of Telecom Italia (TIM) and ...

TIM brands Open Fiber wholesale model a 'failure'

Published 22 Apr 2020 09:29 CET | Italy
Telecom Italia (TIM) has described the business model of Open Fiber a "failure" during a meeting with investors, prompting a ...

Open Fiber to sue Telecom Italia following antitrust ruling - CEO

Published 07 Apr 2020 12:07 CET | Italy
The Open Fiber venture of Italian utility giant Enel and state lender CDP will take legal action against Telecom Italia (TIM) ...

TIM fined EUR 116 mln for abusing dominant position in fibre rollout

Published 09 Mar 2020 09:50 CET | Italy
Italian antitrust watchdog AGCM has fined Telecom Italia (TIM) a total of EUR 116 million for abusing its dominant position in ...

TIM signs agreement with Enel, CDP to begin talks on Open Fiber network tie-up

Published 21 Jun 2019 09:19 CET | Italy
Telecom Italia (TIM) has announced the signing of a non-disclosure agreement with utility giant Enel and state lender Cassa ...