Regulator chairman calls for public-private cooperation

16 Jul 2008

The chairman of Italy’s telecoms regulator Agcom has called for both public and private investment to improve the country’s next generation broadband infrastructure. In his annual speech to parliament, Corrado Calabro said that the cost of upgrading national networks with high speed technology will cost between EUR8 billion and EUR15 billion (USD12.7 billion-USD23.9 billion) and that this cost should be shouldered both by the government and by private industry. Calabro suggested new forms of cooperation, such as project financing or public-private partnerships, between the state and Italy’s telecoms operators, Dow Jones reports. He praised efforts by Telecom Italia to open its networks to competitors but says that the former monopoly retains a dominant position in the wireline sector.