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…

illuminated map of Italy in blue color with bright spots all over

City of Padua Selects Enel Open Fiber

The City of Padua and Enel Open Fiber (EOF) have signed the first agreement that will allow fiber optic cables to be laid across the entire city. Enel Open Fiber is he the Enel Group company formed recently to deploy ultra-broadband infrastructure throughout Italy. The Enel Open Fiber Plan for the City of Padua provides for 50% of premises to…

illuminated map of Italy in blue color with bright spots all over

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.

illuminated map of Italy in blue color with bright spots all over

Enel Plans to Bid for Controlling Stake in Metroweb

Adding fierce competition to the incumbent telecom operator, Telecom Italia, the utility company cum broadband network provider Enel has announced its plans to bid for a controlling stake in Metroweb. Partnership with Metroweb would add value to Enel’s efforts to build nationwide fiber optic network to deliver high speed broadband. The Milan based Metroweb is one of the broadband network providers having strong presence in the country. Telecom Italia has been trying to acquire Metroweb to accelerate its fiber broadband deployment, but failed in its initial attempt.