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Broadband

TIM talking with investors about Open Fiber venture - report

Friday 27 September 2019 | 14:28 CET | News
Telecom Italia (TIM) has been in talks with investment funds about the possibility of buying into a proposed fixed broadband tie-up with wholesale provider Open Fiber, according to three unnamed sources cited by Reuters. TIM and Open Fiber have been discussing ways of integrating their fixed broadband networks for several months with a view to preventing duplication of infrastructure but negotiations have reportedly been hampered by problems regarding funding for a single nationwide fibre network and Open Fiber's valuation.

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