TIM to launch newco to roll out fibre in underserved areas

(Telecompaper) Telecom Italia (TIM) has announced that its board of directors approved a plan presented by CEO Flavio Cattaneo to set up a new company to roll out high-speed broadband in underserved "white" areas of Italy. The company will be dedicated exclusively to the selective development of new fibre infrastructure in the non-economically viable areas of the country known as clusters C and D. In a statement TIM said the plan is to create a company with a financial partner as majority shareh