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Broadband

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

Friday 10 July 2020 | 09:33 CET | News
Telecom Italia (TIM) has suggested that state lender CDP could invest in the last-mile network it's preparing to set up with US private equity fund KKR, according to two unnamed sources cited by Reuters. The government is keen to play a more active role to create a national high-speed broadband network by merging TIM's fibre assets with those of wholesale operator Open Fiber and the move could help ease concerns over the planned sale of part of the grid to KKR, added the sources.

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