Metroweb plans EUR900m fibre rollout

Italian fibre network operator Metroweb has announced plans for a EUR900 million (USD1.01 billion) investment to deploy new fibre infrastructure in ten cities. According to a report from Reuters, work is being carried out in Rome, Naples, Bari, Florence, Venice, Palermo, Verona, Genoa, Bologna and Turin and is expected to be completed within three years. Metroweb, which is part-owned by the government holding company Cassa Depositi e Prestiti (CDP), is being seen as a likely vehicle for the state to push ahead with its EUR12 billion plan to deploy broadband networks nationwide in partnership with other Italian telcos.