Italy still considering single broadband network operator

30 Jul 2018

The Italian government is still interested in creating a single wholesale fibre broadband network operator which includes the infrastructure of Telecom Italia (TIM) and state-backed firm Open Fiber. Reuters quotes Industry Minister Luigi do Maio as saying that authorities in Rome are studying ‘with interest’ the advantages of spinning off TIM’s fixed network business and combining it with that of Open Fiber. ‘Our aim is to approach the issue with a view to guaranteeing national security,’ Di Maio said.

The government is joint owner of Open Fiber via state lending company Cassa Depositi e Prestiti (CDP), while CDP also has a stake of around 4% in TIM. The idea of combining the fixed assets of TIM and Open Fiber has been under consideration since the latter company was established by utility group Enel in 2016.

Italy, Open Fiber, Telecom Italia (TIM)