Italy struggles to revive lagging fibre rollout plan


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.

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