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TIM, Fastweb set up JV to bring FTTH to 29 Italian cities

2016-07-27 08:59:00| Telecompaper Headlines

(Telecompaper) Telecom Italia (TIM) has announced a joint venture with broadband provider Fastweb to invest a total of EUR 1.2 billion to accelerate the rollout of FTTH technology in 29 cities across Italy. The partnership envisages the establishment of a joint venture with 80 percent of the capital held by TIM and 20 percent by Fastweb. The aim is to bring 1Gbps connections to a total of around 3 million homes by 2020, with the partners also indicating that they could extend the joint venture to other sectors.

Tags: set bring cities italian

Category:Telecommunications

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