09-09-2020 19:48 via uk.finance.yahoo.com

Vodafone CEO warns Italy single broadband network could be step back - press

The head of Vodafone Groupsaid Italy's plan to create a single fast broadband network in which Telecom Italiawould hold a majority stake could be a step backwards since it effectively amounted to renationalisation and re-monopolisation.In an article in Politico on Wednesday, Nick Read said Rome was looking to recreate the fixed-line monopoly that previous Italian governments and EU institutions had dismantled."This would leave would-be fixed broadband providers with only one seller of wholesale
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