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Metroweb Italia

Italian telecommunications company From Wikipedia, the free encyclopedia

Metroweb Italia
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Metroweb Italia S.p.A. (formerly F2i Reti TLC S.p.A.) was a fiber-optic network operator based in Milan, Italy.[3] It was the holding that controlled Metroweb Milano, Metroweb Genova, Metroweb Sviluppo and Metrobit.

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Founded in 2011, Metroweb Italia was a joint venture between F2i (53.83%) and Cassa Depositi e Prestiti via FSI Investimenti (46.17%).[4] It was known for its fiber-optic cabling and offered a wide range of dark fiber services to operators and companies of all kinds.[5]

In 2017 it was merged into Enel Open Fiber.[6][7][8][9]

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History

The company was founded on June 30, 2011. At founding, Intesa Sanpaolo was a minority shareholder of Metroweb Italia for 12.5% stake, but sold the shares to F2i for €20 million.[10] After the transaction, FSI formally subscribed the capital increase of Metroweb Italia, to become the new minority shareholders.

In October 2012, Metroweb Italia acquired the controlling interests (85%) in Genoese company Saster Net, which was renamed to Metroweb Genova.

In April 2015 a takeover bid from Telecom Italia was rejected.[11]

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,[12][13] 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.[14][15]

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References

See also

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