Telecom Italia to resume talks over possible Metroweb deal
MILAN Oct 16 (Reuters) - Telecom Italia said on Friday it would resume talks with the main shareholders of broadband company Metroweb to see whether they can share investments to build an ultra-fast broadband network in Italy.
A multi-billion euro plan by Prime Minister Matteo Renzi's government to build a nationwide broadband network has run into difficulties given disagreements over the role Telecom Italia should play in it.
However, Metroweb's top two shareholders - infrastructure fund F2i and state holding Cassa Depositi e Prestiti's investment arm - recently sent a letter to Telecom Italia, setting no limits to the phone group's presence in Metroweb, a source close to the matter said last week.
In a statement after a board meeting on Friday, Telecom Italia said it had decided to resume talks with the two shareholders "with regards to the possibility of sharing a plan of investments in the FTTH (fiber-to-the home) network". (Reporting by Silvia Aloisi; editing by Agnieszka Flak)
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