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Broadband

TIM, Fastweb to bring FTTH to Parma in EUR 15 mln rollout

Thursday 24 November 2016 | 08:43 CET | News
Italian operators Fastweb and Telecom Italia (TIM) are set to invest EUR 15 million to bring fibre-optic broadband at speeds of up to 1Gbps to the northern Italian city of Parma. The city is one of the 29 to come under the Flash Fiber joint venture set up by the two operators to accelerate the rollout of FTTH technology across Italy. 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. The initial aim of the initiative is to bring 1Gbps connections to a total of around 3 million homes and businesses by 2020.

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