Open Fiber

Virgin Fibra launches into Italian FTTH market

Virgin Group is launching a new fibre-to-the-home operation in Italy, using the Open Fiber network. A new company, Virgin Fibra, headed by former Virgin Media and Sky Italia CEO Tom Mockridge is offering what it describes as a ‘pure fibre’ connection for €29.49 a month with no ongoing contract. The service provides 1Gbps internet downstream […]

TIM and CDP strike deal to combine operator’s fixed network assets with Open Fiber

Telecom Italia (TIM) has agreed a deal with Italian state investor CDP to combine its fixed network assets with Open Fiber. The tie-up aims to create an ultra-fast broadband network across Italy, a country that has historically been plagued by coverage issues in mountainous and rural areas.  The preliminary agreement between TIM and CDP also […]

TIM signs new agreement with Open Fiber

Telecom Italia (TIM) has signed a new agreement with fibre operators Open Fiber that allows for the reuse network infrastructure in ‘white areas’, where the development of fibre has been financed by public expenditure. TIM said the agreement marked the beginning of a new phase in the relations between the main Italian infrastructure operators, and […]

TIM begins Open Fiber talks with CDP Equity as KKR bid prospect fades

Telecom Italia (TIM) has revealed that it has signed a non-disclosure agreement with CDP Equity S.p.A. to initiate preliminary discussions about the integration of TIM’s network with the network of Open Fiber, in which CDP Equity holds a 60% stake. “The purpose of the agreement signed today is to start negotiations with the goal of […]

Vivendi ‘open’ to TIM network carve out

Vivendi has indicated that it may be open to the Italian state taking control of Telecom Italia’s (TIM) network infrastructure, a likely preliminary to the acquisition of TIM by US-based private equity outfit KKR. A Vivendi spokesperson told La Repubblica newspaper that the French company was interested in any outcome that promoted the efficiency of […]

New board for Open Fiber following takeover

Italian broadband operator Open Fiber has announced the appointment of Mario Rossetti as its new CEO. The announcement comes less than a month after Australian investment bank Macquarie and state lender Cassa Depositi e Prestiti (CDP) won EU regulatory approval to takeover the operator. In addition to the appointment of Rossetti – who replaces interim […]

Telecom Italia agrees to create single national fibre infrastructure

Telecom Italia’s (TIM) board has approved an agreement with private equity outfit KKR Infrastructure and Swisscom-owned service provider Fastweb and a letter of intent with CDP Equity to create a single combined fibre network in Italy. As part of a complex weave of transactions, TIM, KKR Infrastructure and Fastweb will create a new company into […]

Iliad enters Italian fixed-line market

French Telco Iliad will offer fixed-line service in Italy following a deal with broadband operator Open Fiber. Italy has historically not been a particularly prominent market for foreign telcos given the landline sector’s difficulty to attract new customers. However, renewed interest has been seen while the nation has been in lockdown. With the sector improving, […]

Telecom Italia moves towards Open Fiber talks

Telecom Italia (TIM) has revealed that it has signed a non-disclosure agreement with Cassa Depositi e Prestiti (CDP) and Enel with a view to starting talks about the possible sale of its fibre network. The discussions will centre around the potential integration of TIM’s fibre network with the Open Fiber infrastructure, owned by CDP and […]