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.

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

Battle for Metroweb Gains Momentum in Italy

Reuters reports about the movement by Telecom Italia to revive talks to take over the fixed-line broadband provider Metroweb after its rival Vodafone’s attempts to buy a stake in the group. Buying a stake in Metroweb, which owns the biggest fiber-optic network in Italy’s business capital Milan, could ultimately determine who calls the shots in the multi-billion euro plan. Metroweb…