MILAN (Reuters) - Italy's Open Fiber is close to agreeing a deal with ACEA (MI:ACE) to use the utility's infrastructure for the roll-out of ultrafast broadband in Rome, two sources close to the matter said on Monday.
Open Fiber, the broadband unit owned by power utility Enel (MI:ENEI) and state lender CDP, has been seeking to strike strategic deals with utilities across Italy as it squares up to rival phone group Telecom Italia (MI:TLIT) in its network investments.
Enel declined to comment on the Open Fiber-ACEA deal.
The news of Open Fiber and ACEA nearing a deal first appeared in la Repubblica's Affari&Finanza insert on Monday.