Telecom Italia to spend EUR 10 billion on network - report

News Broadband Italy 29 MAY 2013
Telecom Italia to spend EUR 10 billion on network - report
Telecom Italia managers are planning to invest EUR 10 billion to upgrade its fixed-network unit with fibre-optic technology, two people familiar with the matter told Bloomberg news agency. The investment, to be made over a 10-year period, will help network unit Opac to provide faster internet access and services including HD video. The investment would be funded by cash generated by the network unit as well as contributions from investors, according to the same sources.

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Fixed

Companies:

Telecom Italia

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Italy

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Production planning & operations, Devices, Bearer technology, Company, Services, Network equipment, Network operations services, Fibre, Wireline, Corporate, Internet Access, Corporate strategy, M&A buyouts & divestments

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