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Broadband

Telecom Italia-Metroweb project on hold over conditions

Monday 11 May 2015 | 08:36 CET | News
Telecom Italia has put on hold any immediate possibility of taking over fibre-optic provider Metroweb but hasn't completely ruled out playing a part in a future project involving the Milan-based company, according to CEO Marco Patuano. Speaking to analysts after the publication of Telecom Italia's quarterly results, Patuano explained that discussions over Metroweb had taken many turns and "we were asked to consider several alternatives, none of which were in line with our reasoning." Unnamed sources close to the matter cited by Reuters last month suggested that state-backed Cassa Depositi e

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Categories: Fixed
Companies: Metroweb / Telecom Italia / Vodafone Italia
Countries: Italy
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