Home Enel reveals EUR 2.5 bln fibre plan to connect 7.5 mln homes
 

Keywords :   


Enel reveals EUR 2.5 bln fibre plan to connect 7.5 mln homes

2016-03-23 11:21:00| Telecompaper Headlines

(Telecompaper) Italian utility giant Enel has confirmed plans to invest a total of EUR 2.5 billion to help bring ultrafast broadband to around 7.5 million homes in 224 Italian cities. In a statement, the company said its newly-created Enel Open Fiber venture will take advantage of the installation of around 30 million smart electric meters over the next four years to run fibre cables into homes and offices all over Italy. Enel Open Fiber will operate as a wholesale-only player and will build infrastructure for other licensed operators, said the company, with CEO Francesco Starace adding that "installing fibre cables through our electricity network, which reaches the businesses and homes of 32 million Italians, will enable wide-ranging coverage of the country at competitive costs."

Tags: plan eur homes connect

Category:Telecommunications

Latest from this category

All news

»
05.11Altice USA residential video RGUs down 77,000 in 3Q 2024
05.11Durable Floor Coating from HMG Paints Transforms FC United\'s SMRE Bar
05.11Teknos Poland Honored by Farby i Lakiery
05.11Xumo teams up with Target to offer Hisense Xumo TVs
05.11KT launches 8K AI-powered IPTV set-top box
05.11Tropical Storm Rafael Graphics
05.11Tropical Storm Rafael Wind Speed Probabilities Number 7
05.11Tropical Storm Rafael Public Advisory Number 7
More »