optical fibers coming from the aerial pole to a home

CDP Supports a Common Fiber Infrastructure

Italian telecommunication investment company, CDP (Cassa Depositi e Prestiti) supports the idea of creating a single fiber optic network to deliver broadband services. The CEO of CDP, Fabrizio Palermo shared his organization’s thinking during a conference in Rome. Significance of CDP’s Thoughts Two active players in Italian High-speed Broadband are Open Fiber and TIM (Telecom Italia) are controlled by the…

Fiber to the home technology

Enel Open Fiber Granted Fund for Italian Fiber Broadband Network Deployment

Reuters report from MILAN that Italy’s Fiber optic broadband network provider, Open Fiber has secured enough funds from different sources required to speed up its network rollout throughout the country. Enel in a statement said that the banks, state lender CDP and the European Investment Bank had signed off on a 3.5 billion euro project finance package to help fund the ultrafast broadband network it is rolling out across the country.

fiber deployment

Italian Open Fiber Plans investment of 6.5 Billion Euros in FTTH

The Italian broadband network provider Open Fiber has revealed its plans to invest 6.5 billion Euros in a bid to expand its network roll out rapidly in the country. The Open Fiber wholesale-only venture of Italian utility Enel and state lender CDP is set to invest around EUR 6.5 billion and create some 15,000 jobs as part of its plans…

Enel Tables Formal Offer for Metroweb

Italian utility company, which has made its entry into fiber optic broadband, Enel has tabled a formal offer to buy fiber optic company Metroweb, two sources close to the matter said on Thursday. Reuters News reports the latest movement by Enel, that will have implications in the Italian telecommunication market. Here is the news from Reuters; Enel’s offer is part…

Enel Announces New Broadband Company-Enel Open Fiber