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Broadband

TIM, Fastweb fibre JV to be called Fiberflash - report

Monday 1 August 2016 | 08:42 CET | News
The recently-announced joint venture set up by Telecom Italia (TIM) and Fastweb to accelerate the rollout of FTTH technology in 29 cities across Italy will be called Fiberflash and will be headed TIM's Stefano Ciurli and Fastweb's Giovanni Moglia, reports business daily Il Sole 24 Ore. A total of EUR 1.2 billion will be invested in the new company, with 80 percent of the capital held by TIM and 20 percent by Fastweb. Ciurli, currently TIM's head of wholesale, was appointed CEO of the joint venture at the first board meeting, while Moglia, Fastweb's head legal and regulatory affairs, was named

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Categories: Fixed
Companies: Fastweb / Metroweb / Telecom Italia / TIM
Countries: Italy
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