Metroweb

Last updated
Metroweb S.p.A.
FormerlyCitytel S.r.l. (1997-1999)
Company type Subsidiary
Industry Telecommunications
FoundedDecember 12, 1997;27 years ago (1997-12-12)
Founder AEM
DefunctJanuary 13, 2017 (2017-01-13)
Fate Merged into Enel Open Fiber
Successor Enel Open Fiber
Headquarters
Milan
,
Italy
Area served
 Italy
Products Fiber-optic communications, FTTH
Revenue € 64,291,000 (2014 [1] )
€ 8,847,000 (2014 [2] )
Owner
Parent Metroweb Italia
Website www.metroweb.it

Metroweb (formerly Citytel), also known as Metroweb Milano, was a fiber-optic network operator based in Milan, Italy. [3] It was a subsidiary of Metroweb Italia S.p.A.

Contents

Founded in 1997, Metroweb was known for its fiber-optic cabling. Historically, it wired Milan, [4] allowing Fastweb's FTTH services and a wide range of dark fiber to operators and companies of all kinds. [5]

Operators use a GPON network by renting Metrobit "monofiber", a single fiber of the single-mode type that allows full-duplex at gigabit speeds. [6]

In 2017 it was merged into Enel Open Fiber. [7] [8] [9] [10]

History

The company was founded on December 12, 1997 as Citytel by AEM with an investment of 200 million lire to build and manage broadband telecommunications networks. [3]

In 1999 e.Biscom (later Fastweb) acquired 33% of Citytel, which was sold again to AEM in 2003. In the same year the company became Metroweb. [3]

In 2006, the Stirling Square Capital Partners fund and some of the company's managers acquired 76.5% of Metroweb from AEM, paying 232 million euros. [3]

In 2011, the Stirling Square Capital Partners fund and A2A sold their shares (12.5% and 87.5% respectively) of Metroweb to the F2i and IMI Investimenti (Intesa Sanpaolo) for 436 million euros. [3]

Since 2013, the FTTH offer on Metroweb infrastructure was extended to other operators such as Vodafone and Wind. [11] [12]

In June 2016, Enel entered into negotiations with CDP Equity and F2i, aiming at a future integration between Enel Open Fiber and Metroweb. The first step was the subscription of Open Fiber's capital increase, which led to the creation of a 50/50 joint venture between Enel and CDP Equity. Subsequently, on December 20, 2016, Enel Open Fiber acquired the entire capital of Metroweb, [7] [8] followed by the merger by incorporation of Metroweb into Open Fiber, approved by the Board of Directors on January 13, 2017 and completed in the first quarter of 2017. [9] [10]

References

  1. ↑ "Annual Report Metroweb 2014 (ENG)" (PDF). Metroweb Milano. Retrieved 2015-03-16.
  2. ↑ "Annual Report Metroweb 2014 (ENG)" (PDF). Metroweb Milano. Retrieved 2015-03-16.
  3. 1 2 3 4 5 "Profilo e Obiettivi". Metroweb Milano (in Italian). Retrieved 2014-09-27.
  4. ↑ "copertura | rete | fibra ottica | milano | cablatura | banda larga | banda ultra | 100 megabit". Metroweb Milano (in Italian). Retrieved 2014-09-27.
  5. ↑ "connessioni | ottica | milano | ftth | qualità | in fibra | infrastruttura | telecomunicazioni". Metroweb Milano (in Italian). Retrieved 2014-09-27.
  6. ↑ "copertura | rete | banda larga | ftth | milano | banda ultra | rete ftth | 100% fibra ottica". Metroweb Milano (in Italian). Retrieved 2014-09-27.
  7. 1 2 "ENEL ACCELERATES ON BROADBAND WITH METROWEB ACQUISITION". www.enel.com. 2016-07-28. Retrieved 2016-12-24.
  8. 1 2 "OPEN FIBER PERFEZIONA L'ACQUISIZIONE DI METROWEB". www.enelopenfiber.it (in Italian). Retrieved 2016-12-24.
  9. 1 2 "OPEN FIBER: CDA APPROVA FUSIONE METROWEB". www.enelopenfiber.it (in Italian). Retrieved 2017-01-27.
  10. 1 2 "ENEL ACCELERATES ON BROADBAND WITH METROWEB ACQUISITION". www.enel.com.
  11. ↑ "Nota Stampa Congiunta Metroweb SpA - Vodafone - Wind". Metroweb Italia (in Italian). 2012-11-12. Retrieved 2014-09-27.
  12. ↑ "Gli operatori rilanciano sulla fibra ottica: giù i costi mensili". la Repubblica (in Italian). 2015-02-25. Retrieved 2016-01-28.

See also


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