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Broadband

TIM yet to officially contact Enel over Open Fiber tie-up

Friday 17 May 2019 | 09:00 CET | News
Italian utility giant Enel has had "no formal contacts" with Telecom Italia (TIM) over a possible tie-up with its wholesale fibre-optic provider Open Fiber, said Enel's Chief Executive Francesco Starace, according to Reuters. The utility jointly owns Open Fiber with state lender CDP, which is expected to play a central role in the creation of a single national network after becoming TIM's second largest shareholder earlier this year. Starace was replying to shareholder questions at Enel's annual general meeting, simply adding that he was "very happy" with Open Fiber's progress.

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