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Metroweb

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

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]

See also

External links

References

  1. Annual Report Metroweb 2014 (ENG) Metroweb Milano, retrieved 2015-03-16^
  2. Annual Report Metroweb 2014 (ENG) Metroweb Milano, retrieved 2015-03-16^
  3. Profilo e Obiettivi Metroweb Milano, retrieved 2014-09-27^
  4. copertura Metroweb Milano, retrieved 2014-09-27^
  5. connessioni Metroweb Milano, retrieved 2014-09-27^
  6. copertura Metroweb Milano, retrieved 2014-09-27^
  7. ENEL ACCELERATES ON BROADBAND WITH METROWEB ACQUISITION www.enel.com, 2016-07-28, retrieved 2016-12-24^
  8. OPEN FIBER PERFEZIONA L'ACQUISIZIONE DI METROWEB www.enelopenfiber.it, retrieved 2016-12-24^
  9. OPEN FIBER: CDA APPROVA FUSIONE METROWEB. www.enelopenfiber.it, retrieved 2017-01-27^
  10. ENEL ACCELERATES ON BROADBAND WITH METROWEB ACQUISITION www.enel.com^
  11. Nota Stampa Congiunta Metroweb SpA - Vodafone - Wind Metroweb Italia, 2012-11-12, retrieved 2014-09-27^
  12. Gli operatori rilanciano sulla fibra ottica: giù i costi mensili la Repubblica, 2015-02-25, retrieved 2016-01-28^