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Broadband

TIM-Open Fiber merger 'not super urgent' - Enel CEO

Monday 9 September 2019 | 14:24 CET | News
The proposed fixed broadband tie-up between Telecom Italia (TIM) and wholesale provider Open Fiber is not a top priority for the latter's joint leading shareholder. "This idea is not super urgent," said Enel's chief executive Francesco Starace at a business forum in Cernobbio, according to Reuters. Utility giant Enel controls Open Fiber with state lender Cassa Depositi e Prestiti (CDP) and has been discussing ways of integrating its fixed broadband network with that of TIM for several months with a view to preventing duplication of infrastructure.

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