Friday, 22 September 2017

Enel succeeds in acquiring Metroweb

By Nick Wood, Total Telecom
Friday 29 July 16

Italian utility seals €714 million deal; raises five-year fibre rollout, investment targets.

Enel has agreed to acquire Italian fibre network operator Metroweb for €714 million, a deal that will enable the utility company to ramp up its already ambitious plan to deploy a wholesale fibre-to-the-home (FTTH) network. Under the deal, Enel's fibre operation, Enel OpEn Fibre (EOF), will carry out a capital increase of €714 million reserved exclusively for Enel and state…

Enel has agreed to acquire Italian fibre network operator Metroweb for €714 million, a deal that will enable the utility company to ramp up its already ambitious plan to deploy a wholesale fibre-to-the-home (FTTH) network. Under the deal, Enel's fibre operation, Enel OpEn Fibre (EOF), will carry out a capital increase of €714 million reserved exclusively for Enel and state…

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