Italy's big broadband network can't be controlled by a single shareholder
 

Stakes raised in government negotiated dea

Italy’s single broadband network operator cannot be controlled by a majority shareholder, the deputy industry minister said on Friday after Telecom Italia (TIM) said it would not accept less than 50 percent of any network.

The Italian government is trying to negotiate a deal between the phone group and Open Fiber, which is jointly owned by state lender CDP and utility Enel to merge fibre assets and create a single national champion.

However, progress has been delayed as it seeks solutions over governance and regulation issues.

https://fudzilla.com/news/network/51...le-shareholder