0
Broadband

TIM prepared to accept governance changes on single network - CEO

Thursday 20 August 2020 | 09:17 CET | News
Telecom Italia (TIM) is not prepared to accept less than 50 percent of a single high-speed broadband network but may consider a solution on governance, according to CEO Luigi Gubitosi. The Italian government is keen to create a new nationwide entity that would combine TIM's fibre-based infrastructure with the FTTH network assets owned by wholesaler Open Fiber and Gubitosi told La Repubblica that it's "logical" for the former incumbent to retain the majority of a single network company.

Thank you for visiting Telecompaper

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

'Time probably right to exit Open Fiber' - Enel CEO

Published 25 Nov 2020 09:15 CET | Italy
The chief executive of utility giant Enel confirmed that it could be the right time for the 50 percent shareholder to exit ...

Italian single broadband network plan 'a giant step backward' - Read

Published 11 Sep 2020 11:34 CET | Italy
Vodafone group CEO Nick Read has described the Italian government's single network plan as a possible "return to a monopoly... ...

Italian govt green lights TIM-KKR fixed network deal - report

Published 26 Aug 2020 12:23 CET | Italy
The Italian government has given the go-ahead for US private equity firm KKR to buy a minority stake in the last-mile fixed ...

Italy's economy ministry backs independent broadband network - report

Published 24 Aug 2020 10:08 CET | Italy
Italy's economy ministry has joined the country's industry ministry and backed a high-speed broadband network independent of ...

TIM cannot control single broadband network - minister

Published 21 Aug 2020 09:30 CET | Italy
A majority shareholder cannot be permitted to control a future single high-speed broadband network, according to a senior Italian ...

Grillo calls for single fixed-mobile infrastructure company, criticises TIM-KKR fibre deal

Published 14 Aug 2020 08:52 CET | Italy
Beppe Grillo, co-founder of Italy's Five Star political movement, elaborated on his previous remarks about the need for a single ...

Fastweb CEO praises FiberCop model, acknowledges govt intervention

Published 10 Aug 2020 10:38 CET | Italy
The chief executive of Italy's Fastweb, Alberto Calcagno, said that co-investment in network infrastructure is a winning model in ...

Open Fiber gains extra EUR 675 mln funding from banks

Published 07 Aug 2020 16:53 CET | Italy
Italian wholesale operator Open Fiber announced a EUR 675 million extension to its existing credit line, raising the total from ...

TIM small shareholders' association to back single network plan only if operator secures control

Published 05 Aug 2020 12:49 CET | Italy
Asati, the minority investors association of Telecom Italia (TIM), said that it would support the government's plan for a single ...

Telecom Italia delays final decision on network sale to end-August, says 'favourable' to KKR offer

Published 05 Aug 2020 08:52 CET | Italy
Telecom Italia (TIM) said it supports an offer from KKR Infrastructure to buy a 37.5 percent stake in the new network company ...

KKR offers EUR 1.8 bln for stake in TIM's last-mile network - report

Published 30 Jul 2020 10:39 CET | Italy
US private equity fund KKR has tabled a binding offer to acquire a minority stake in Telecom Italia's landline (copper and fibre) ...

Italian govt pushing for single broadband network independent of TIM - report

Published 28 Jul 2020 09:59 CET | Italy
The Italian government is considering a plan to set up a single high-speed fixed broadband network that would initially be ...

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

Published 10 Jul 2020 09:33 CET | Italy
Telecom Italia (TIM) has suggested that state lender CDP could invest in the last-mile network it's preparing to set up with US ...

Open Fiber requesting EUR 1.5 bln damages from TIM - report

Published 30 Jun 2020 09:47 CET | Italy
The Open Fiber venture of Italian utility giant Enel and state lender CDP is seeking EUR 1.5 billion in damages from Telecom ...

Grillo calls Open Fiber 'failure', says CDP should lead merger with TIM

Published 23 Jun 2020 09:44 CET | Italy
Beppe Grillo, co-founder of Italy's Five Star political movement, has called for state bank CDP to merge Open Fiber with TIM, in ...