Saturday, 23 January 2021

Italian government won’t let Enel stand in the way of the national broadband network

by Harry Baldock, Total Telecom
Tuesday 24 November 20

With Enel in talks to sell its Open Fiber stake to Macquarie, the government has sent the former a letter urging them to allow CDP, the majority state-owned bank, to retain majority control

Italian utility company Enel is currently under pressure from the Italian government to not sell its entire 50% stake of Open Fiber to Australia’s Macquarie, for fears that it would interfere with plans to create a single national fibre network.  Back in September, after months of badgering by the government, TIM finally agreed to the creation of a national fibre network through the merger of its &lsquo…

Italian utility company Enel is currently under pressure from the Italian government to not sell its entire 50% stake of Open Fiber to Australia’s Macquarie, for fears that it would interfere with plans to create a single national fibre network.  Back in September, after months of badgering by the government, TIM finally agreed to the creation of a national fibre network through the merger of its &lsquo…

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