Fastweb CEO backs TIM’s last-mile network project

MILAN: Fastweb, the Italian phone business of Swisscom, on Thursday said Telecom Italia’s (TIM) last-mile network project was “sound” and would ensure an upgrade of the copper and fibre grid that connects homes to street cabinets.

Fastweb plans to invest in the last-mile network project – known as FiberCop – that TIM has been looking to develop with U.S. infrastructure fund KKR. But the plan has been complicated by government pressure for a single, nationwide broadband network that would include the last-mile grid.