FILE PHOTO: Reels of optical fiber cables are seen in a storage area in Perugia, Italy, June 23, 2017. Picture taken June 23, 2017. REUTERS/Alessandro Bianchi/File Photo
MILAN (Reuters) -A push by Italy's government for state-backed telecoms firms Open Fiber and FiberCop to accelerate work on a European Union-funded network plan has hit a snag as the companies are struggling to agree terms of a potential deal, three sources said.
FiberCop and its smaller rival Open Fiber were entrusted with cabling more than 3 million buildings across Italy by the end of June 2026 under a 3.4 billion euro ($3.9 billion)programme aimed at rolling out ultra-fast broadband networks.
