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Broadband

Telecom Italia rules out pact with Vodafone over Metroweb

Monday 23 March 2015 | 12:01 CET | News
Telecom Italia has resumed talks with strategic fund FSI and infrastructure fund F2i about the possibility of the company buying a stake in fibre optic provider Metroweb as it seeks to implement much-needed broadband development. In an interview with Italian daily La Repubblica, Telecom Italia's CEO Marco Patuano said the company was discussing numerous ways in which it could secure a controlling stake in Metroweb. "Our intention is for Metroweb to act as an accelerator, anticipating by about three years the EUR 1.4 billion investment in the FTTH network that Telecom Italia would otherwise

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