Enel CEO: broadband network company should be independent

5 Jun 2020

The chief executive of Italian utility group Enel says a combined nationwide fibre network should remain independent from any one service provider. Enel is a 50% shareholder in Open Fiber, which is deploying fibre access networks across the country which are then used by third-party telco partners. The company is in talks to combine its infrastructure with the broadband assets of Telecom Italia (TIM), but Reuters cites Enel CEO Francesco Starace as saying that TIM should not seek to control the merged entity: ‘What is important to me is to continue with the rollout … and keep the network separate from the players who provide services to final clients,’ he said.

Government investment firm Cassa Depositi e Prestiti (CDP) is a shareholder in both Open Fiber and TIM, and the government is keen to see the firms combine their broadband assets to avoid any costly duplication of infrastructure.

Italy, Open Fiber, Telecom Italia (TIM)