Metroweb

For the parent company and other subsidiaries, see Metroweb Italia.

Metroweb (formerly Citytel), also known as Metroweb Milano, was a fiber-optic network operator based in Milan, Italy.^[3] It was a subsidiary of Metroweb Italia S.p.A.

Metroweb S.p.A.

Formerly	Citytel S.r.l. (1997-1999)
Company type	Subsidiary
Industry	Telecommunications
Founded	December 12, 1997; 27 years ago (1997-12-12)
Founder	AEM
Defunct	January 13, 2017 (2017-01-13)
Fate	Merged into Enel Open Fiber
Successor	Enel Open Fiber
Headquarters	Milan , Italy
Area served	Italy
Products	Fiber-optic communications, FTTH
Revenue	€ 64,291,000 (2014[1])
Net income	€ 8,847,000 (2014[2])
Owner	Metroweb Italia (89.4%) Fastweb (10.6%)
Parent	Metroweb Italia
Website	www.metroweb.it

Founded in 1997, Metroweb was known for its fiber-optic cabling. Historically, it wired Milan,^[4] allowing Fastweb's FTTH services and a wide range of dark fiber to operators and companies of all kinds.^[5]

Operators use a GPON network by renting Metrobit "monofiber", a single fiber of the single-mode type that allows full-duplex at gigabit speeds.^[6]

In 2017 it was merged into Enel Open Fiber.^{[7][8][9][10]}

History

The company was founded on December 12, 1997 as Citytel by AEM with an investment of 200 million lire to build and manage broadband telecommunications networks.^[3]

In 1999 e.Biscom (later Fastweb) acquired 33% of Citytel, which was sold again to AEM in 2003. In the same year the company became Metroweb.^[3]

In 2006, the Stirling Square Capital Partners fund and some of the company's managers acquired 76.5% of Metroweb from AEM, paying 232 million euros.^[3]

In 2011, the Stirling Square Capital Partners fund and A2A sold their shares (12.5% and 87.5% respectively) of Metroweb to the F2i and IMI Investimenti (Intesa Sanpaolo) for 436 million euros.^[3]

Since 2013, the FTTH offer on Metroweb infrastructure was extended to other operators such as Vodafone and Wind.^[11][12]

In June 2016, Enel entered into negotiations with CDP Equity and F2i, aiming at a future integration between Enel Open Fiber and Metroweb. The first step was the subscription of Open Fiber's capital increase, which led to the creation of a 50/50 joint venture between Enel and CDP Equity. Subsequently, on December 20, 2016, Enel Open Fiber acquired the entire capital of Metroweb,^[7][8] followed by the merger by incorporation of Metroweb into Open Fiber, approved by the Board of Directors on January 13, 2017 and completed in the first quarter of 2017.^[9][10]