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Italy watchdog says Telecom Italia’s fiber scheme fits EU rules – Metro US

Italy watchdog says Telecom Italia’s fiber scheme fits EU rules

FILE PHOTO: FILE PHOTO: Telecom Italia tower is seen at
FILE PHOTO: FILE PHOTO: Telecom Italia tower is seen at the headquarter in Rozzano neighbourhood of Milan

MILAN (Reuters) – Italy’s communications watchdog said on Tuesday a scheme presented by Telecom Italia (TIM) to help fund the roll out of fiber optic networks was compliant with EU rules aimed at boosting high speed internet coverage.

TIM’s co-investment plan envisages the involvement of other players interested in investing in fiber-to-the-home networks to share long term risks.

The watchdog said it would begin a market test to gauge feedback on the matter.

(Reporting by Elvira Pollina, editing by Stephen Jewkes)