BrandWikiReturn

Metroweb Italia

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.

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]

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]

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. in fibra Metroweb Italia, retrieved 2014-09-27^
  4. Stephen Jewkes, Luca Trogni, Danilo Masoni. Italy fund to inject up to 500 mln euro in fibre rollout Reuters, 28 May 2012, retrieved 15 March 2016^
  5. Obiettivi e Strategia Metroweb Italia, retrieved 2014-09-27^
  6. ENEL ACCELERATES ON BROADBAND WITH METROWEB ACQUISITION www.enel.com, 2016-07-28, retrieved 2016-12-24^
  7. OPEN FIBER PERFEZIONA L'ACQUISIZIONE DI METROWEB www.enelopenfiber.it, retrieved 2016-12-24^
  8. OPEN FIBER: CDA APPROVA FUSIONE METROWEB. www.enelopenfiber.it, retrieved 2017-01-27^
  9. ENEL ACCELERATES ON BROADBAND WITH METROWEB ACQUISITION www.enel.com^
  10. INTESA SANPAOLO TRANSFERS 12.5% OF F2i RETI TLC TO THE F2i FUND Intesa Sanpaolo / F2i, 13 September 2012, retrieved 16 March 2016^
  11. Metroweb's state owner rejects Telecom Italia proposal: sources Reuters, 23 April 2015, retrieved 16 March 2016^
  12. ENEL ACCELERATES ON BROADBAND WITH METROWEB ACQUISITION www.enel.com, 2016-07-28, retrieved 2016-12-24^
  13. OPEN FIBER PERFEZIONA L'ACQUISIZIONE DI METROWEB www.enelopenfiber.it, retrieved 2016-12-24^
  14. OPEN FIBER: CDA APPROVA FUSIONE METROWEB. www.enelopenfiber.it, retrieved 2017-01-27^
  15. ENEL ACCELERATES ON BROADBAND WITH METROWEB ACQUISITION www.enel.com^