Enel accelerates fibre plans with Metroweb takeover

(Telecompaper) Enel said its its Enel Open Fiber (EOF) wholesale broadband business agreed to acquire competitor Metroweb, allowing the group to accelerate its plan to roll out a high-speed broadband network all over Italy in competition with Telecom Italia. Under the deal, Enel and existing Metroweb shareholder, the state lender Cassa Depositi e Prestiti (CDP) Equity (CDPE), will each hold a 50 percent stake in the combined EOF/Metroweb entity. Enel and CDPE will each participate in a EUR 714 m