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…

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…