The expected commercial agreement between Tim, Fibercop (Tim's secondary network) and Open Fiber was signed yesterday by the three companies. The agreement allows the reuse of Fibercop's network infrastructure for a value exceeding 200 million euros in the so-called white areas of the country (the less populated ones) where the construction of a telecommunications infrastructure under concession was financed with PNRR funds. In turn, Tim will make Open Fiber's VHCN fiber available to at least 500 customers in the white areas.
The agreement opens a new phase of collaboration between Tim and Open Fiber
"The agreement - as stated in an official press release from the companies - inaugurates a new phase of relations between the main Italian infrastructure operators and aims at a more efficient use of resources, with a view to accelerating coverage of the country with VHCN networks ( Very High Capacity Network)” and can be considered another step forward towards the creation of the single network of telecommunications.
In particular in the white areas - where Open Fiber was awarded the three public tenders called by Infratel - the agreement provides that Open Fiber purchases from Fibercop, for a value exceeding 200 million euros, the right of use (IRU) for aviation infrastructures and connections of access to the customer's home. At the same time, Tim undertakes to make Open Fiber's optical fiber available to its customers, who will request to use FTTH technology, which will be able to significantly speed up the phases of network construction and activation of connections in white areas.
The comments of Ad Labriola (Tim) and Rossetti (Open Fiber)
The comments on the agreement by the two CEOs of Tim and Open Fiber were very positive.
Pietro Labriola, CEO of Tim, "the agreement represents a further step forward in the execution of our asset enhancement strategy and, thanks to this operation, we create a new source of revenue, generating value for the Group and its shareholders" as well as responding to the need for connectivity of families, businesses and local administrations.
Very satisfied too the CEO of Open Fiber, Mario Rossetti: "The agreement opens a new page of constructive collaboration in the mutual interest (of the companies) and of the country and is even more significant in the current context characterized by the shortage of labor and the increase in the prices of raw materials".
