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Broadband

TIM wants control of Metroweb JV from the start - report

Wednesday 21 October 2015 | 08:41 CET | News
TIM (Telecom Italia) has only agreed to resume talks with Milan-based fibre-optic provider Metroweb on the condition that it would have majority control of a forthcoming joint-venture from the start, according to unnamed sources cited in Il Sole 24 Ore. Although TIM recently agreed to discuss a new proposal put forward by the two shareholders of Metroweb – state-backed Cassa Depositi e Prestiti (CDP) and infrastructure fund FSI – with regard to "the possibility of sharing a plan of investments in the FTTH (fibre-to-the home) network", the former incumbent wants an immediate 60 percent stake

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Categories: Fixed
Companies: Telecom Italia / TIM / Vodafone / Wind
Countries: Italy
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