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Open Fiber talks continuing but 'there's always a plan B' - TIM CEO

Thursday 23 January 2020 | 10:04 CET | News
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Talks between Telecom Italia (TIM) and Open Fiber to merge their fibre-optic assets into a single nationwide operator remain ongoing but "in life there is always a plan B," said TIM CEO Luigi Gubitosi at an investors meeting, according to Reuters. The operator has been negotiating a possible deal with the owners of Open Fiber – utility giant Enel and state lender CDP – since last June, but discussions have reportedly reached a deadlock due to regulatory, funding and business issues.

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