Telecom Italia chief favours network control in any Open Fiber tie-up
By
Biju Kumar
MILAN: Telecom Italia (TIM) should seek a way to keep control of its fixed-line network if it is merged with smaller infrastructure provider Open Fiber, the former phone monopoly’s chief executive said on Tuesday.
Italy has been pushing for the creation of a single ultrafast broadband operator through a merger of TIM’s network with Open Fiber to avoid duplicating investments.
The future of TIM’s network has been a bone of contention among the group’s biggest investors.