Fastweb
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Swisscom’s Italian broadband company, Fastweb, has promoted Walter Renna to be CEO from October. -
A group of 16 telcos have called on Big Tech to share the costs of telecom networks citing the rising costs associated with energy crisis and EU climate goals.
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The Italian branch of Xavier Niel’s Iliad is working with TIM – the former Telecom Italia – to offer direct fibre connections to customers’ homes.
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Swisscom saw operating income increase 4.9% year over year in the most recent quarter, while net income jumped 42.1% year on year thanks to recent investment and divestment activity.
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Fastweb has renewed its contract with Netcracker Technology for the upgrade of its network using Netcracker Digital BSS and extended its use of Netcracker Support & Maintenance.
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Italy appears to be moving away from the idea of a full-blown merger of its fibre infrastructure, led in part by former Vodafone chief Vittorio Colao, who wants to retain competition.
Forthcoming events
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The European Union is to support an Italian plan to build ultra-fast networks to the tune of €7 billion, according to unconfirmed reports.
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Swisscom’s Fastweb and investment company KKR have both taken their stakes in FiberCop, the next stage in the long-running project to build a national Italian fibre company.
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Italian operator Fastweb has chosen BICS to enhance its IPX security to protect the international mobile traffic of its customer base.
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American global investment company KKR is reportedly in talks with Abu Dhabi’s largest sovereign fund to sell a share of its stake in TIM’s new FiberCop.
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Italy is set to take the next step to creating a unified wholesale fibre network company by the beginning of December.
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Australian bank Macquarie has made a binding €2.65 billion offer for Enel’s 50% stake in Open Fiber, the Italian wholesale fibre company.
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Swisscom’s Italian fibre company Fastweb is to become the fifth mobile operator in Italy, following government approval.
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The board of Telecom Italia is expected tommorow to consider merging its fibre-to-the home (FTTH) operation with that of rival company Open Fiber, according to reports.
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Network supplier Infinera and Italian telco operator Fastweb have demonstrated Italy’s first 500G single-wavelength service connectivity in a production network.
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Fastweb and Open Fiber have signed an agreement for the use of Open Fiber’s fibre-to-the-home (FTTH) connections by Fastweb and the reciprocal use of their infrastructure networks.
