Italian broadband telecoms services provider Fastweb saw its second quarter net losses widen to EUR79.6 million (USD97.1 million) from EUR45.5 million in 2Q04 due to bank fees related to a capital increase. Without the fees the company says the loss would have been around EUR43 million. Fastweb closed June with 598,200 clients, up from 417,500 a year earlier. FastWeb is planning to invest EUR3 billion to elevate itself to the position of Italy’s second fixed line operator, and the telco’s 16,000km network now covers more than a third of the population, and is aiming for eight million households by the end of the year. FastWeb is a wholly owned unit of e.Biscom. It offers voice telephony, video and internet access services over a fibre-to-the-premises (FTTP) network in some parts of the country, and over DSL lines rented from the incumbent where FTTP is not available.