To speed up implementation, TIM signs a network sharing agreement with Open Fiber

To speed up implementation, TIM signs a network sharing agreement with Open Fiber

The firms announced on Friday that Telecom Italia (TIM) has entered a commercial arrangement with Open Fiber to offer the competitor broadband network company with access to its infrastructure in order to speed up the installation of fiber in Italy’s most distant areas.

To speed up implementation, TIM signs a network sharing agreement with Open Fiber

The commercial partnership comes as TIM and Open Fiber’s primary investor, state lender CDP – which also has a 10% interest in TIM – are negotiating a preliminary agreement to unite the former phone monopoly’s network infrastructure with that of its state-backed rival.

Under the terms of the agreement, Open Fiber would pay TIM 200 million euros ($208 million) to access TIM’s network infrastructure in hard-to-reach ‘white zones.’

Check the latest news about tech news section for best information.

The best source of news - newszf.com
Logo
Compare items
  • Total (0)
Compare
0