0
Broadband

TIM-Open Fiber merger 'has no merit whatsoever' – Enel CEO

Friday 28 July 2017 | 09:58 CET | News
The chief executive of Italian utility giant Enel has ruled out a possible merger between the company's Open Fiber infrastructure business and that of Telecom Italia (TIM). "I am completely against a merger with Telecom Italia. It's completely useless and has no merit whatsoever," said Enel CEO Francesco Starace during a conference call, according to Reuters. The comments come after some government and opposition MPs said it would make sense for TIM and Open Fiber to team up to avoid duplication of infrastructure in some non-economically viable areas.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Fixed
Companies: Open Fiber / Telecom Italia / TIM
Countries: Italy
::: add a comment
This article is part of dossier

Fibre


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Enel CEO 'not interested' in TIM-Open Fiber network tie-up

Published 04 Sep 2017 11:28 CET | Italy
The chief executive of Italian utility giant Enel has again ruled out talks of a possible merger between the company's Open Fiber ...

Open Fiber interested in TIM network if spun off - chairman

Published 07 Aug 2017 12:04 CET | Italy
The Open Fiber wholesale-only venture of Italian utility Enel and state lender CDP would be interested in acquiring the fixed ...

Open Fiber confirms fibre deal with Rome utility Acea

Published 04 Aug 2017 10:38 CET | Italy
The Open Fiber wholesale-only venture of Italian utility Enel and state lender CDP announced that it has signed a Memorandum of ...

Open Fiber to extend Puglia FTTH network to Brindisi

Published 03 Aug 2017 09:42 CET | Italy
The Open Fiber wholesale-only venture of Italian utility giant Enel has announced plans to extend its wholesale fibre-optic ...

Genish named TIM general manager for operations

Published 31 Jul 2017 08:08 CET | Italy
Telecom Italia (TIM) has announced the appointment of Vivendi's chief convergence officer Amos Genish as its new general manager ...

Open Fiber awarded second Italian broadband tender

Published 27 Jul 2017 12:45 CET | Italy
The Open Fiber wholesale-only venture of Italian utility Enel and state lender CDP has been officially awarded the second round ...

Italy's Open Fiber outlines 'Grand Milan' FTTH project

Published 26 Jul 2017 09:57 CET | Italy
The Open Fiber wholesale-only venture of Italian utility giant Enel and state lender CDP has outlined the details of its 'Grand ...

TIM to suspend rural broadband plan - report

Published 25 Jul 2017 09:20 CET | Italy
Telecom Italia (TIM) is set to suspend a project to expand its fibre-optic broadband network to underserved and rural areas all ...

Telecom Italia faces antitrust probe over broadband rollout

Published 05 Jul 2017 08:36 CET | Italy
Italy's antitrust and competition authority, AGCM, has announced the launch of an investigation into possible abuse by Telecom ...

Open Fiber to bring 1Gbps FTTH to Parma

Published 27 Jun 2017 11:32 CET | Italy
The Open Fiber wholesale-only venture of Italian utility giant Enel has announced an agreement with Parma city council to build a ...

Open Fiber to invest EUR 6.5 bln in FTTH rollout - CEO

Published 22 Jun 2017 10:33 CET | Italy
The Open Fiber wholesale-only venture of Italian utility Enel and state lender CDP is set to invest around EUR 6.5 billion and ...

Open Fiber, Infratel conclude first Italian broadband tender

Published 16 Jun 2017 13:58 CET | Italy
Italy's state-owned infrastructure agency Infratel and the Open Fiber wholesale-only venture of Italian utility Enel and state ...

Open Fiber Perugia FTTH coverage up to 64,000 homes

Published 09 Jun 2017 10:41 CET | Italy
The Open Fiber wholesale-only venture of Italian utility Enel and state lender CDP said its fibre-optic coverage in the city of ...





Calendar   /   Industry Events

19 Aug Baidu Q2 2019
19 Aug iQiyi Q2 2019
19 Aug Netia Q2 2019
19 Aug Sina Q2 2019
19 Aug Weibo Q2 2019
20 Aug Xiaomi Q2 2019
20 Aug MTS Q2 2019
20 Aug Africa Peering and Interconnection Forum
21 Aug Ice Group Q2 results
21 Aug Spark FY results
21 Aug Zayo fiscal Q4
21 Aug Analog Devices fiscal Q3
21 Aug Vodafone Iceland Q2 2019
21 Aug FTTH India Congress 2019
22 Aug Sunrise Q2 2019
22 Aug Vocus FY results
22 Aug Sky NZ FY results
22 Aug VMware fiscal Q2
23 Aug Mobilezone H1 2019
25 Aug VMworld 2019 US
26 Aug Amaysim FY results
26 Aug Chrous FY results
26 Aug Bezeq Q2 2019
::: More Calendar Items