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

Lazio Port City to Get Open Fiber

Open Fiber to expand 1Gbps FTTH network in Lazio Port City Italian Broadband vehicle, Open Fiber and the state lender CDP has reached an agreement with the Civitavecchia Council to connect the Lazio Port City with fiber optic cables. Open Fiber’s cable network will cover more than 17,000 premises in the city. Since its inception as a dedicated Fiber Broadband…

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…

Telecom Italia Gears up to face the Competition

Italian telecom market updates suggest that the incumbent telecom operator, Telecom Italia has started experiencing the real heat of competition from its rival Enel in the broadband market. Taking the challenge, the operator is reportedly in talks over a deal to swap a stake in its wholesale arm TI Sparkle for fiber optic broadband operator Metroweb. Telecom Italia is holding…

Telecom Italia Rejects Rumors of Job Cuts

The rumor was spreading in Italian telecom market about the incumbent telecom operator Telecom Italia’s planning to cut jobs in an attempt to survive in a highly competitive market. According to the rumor the operator was supposed to cut 15,000 jobs. Telecom Italia has been facing severe competition from the decision of the government to push Enel, the utility company…