TIM and Open Fiber discuss FTTH tie-up

21 Jun 2018

Telecom Italia (TIM) has discussed the possibility of merging its domestic fibre broadband assets with those of Italian wholesale network operator Open Fiber, which is deploying a rival set of infrastructure. According to a report from Reuters, which cites a source familiar with the matter, the tie-up would be restricted to fibre-to-the-home (FTTH) networks. TIM’s CEO Amos Genish is quoted as saying: ‘A single player could be better, and we are open to collaborating.’ The Italian state lender Cassa Depositi e Prestiti (CDP), which co-owns Open Fiber with utility group Enel, is also a 5% shareholder in TIM.

Italy, Open Fiber, Telecom Italia (TIM)