Italy working to create single broadband champion independent of TIM: Source

ROME: Italy’s government is studying a plan to create a single ultra-fast broadband network that could initially be majority-owned by phone incumbent Telecom Italia (TIM) but would grant equal access to all market players, a person close to the matter told Reuters.

Rome is trying to broker a deal between former phone monopoly TIM and Open Fiber, which is controlled by utility Enel and state lender CDP, to merge their fibre assets and create a national champion.