Metroweb Italia

Last updated
Metroweb Italia S.p.A.
FormerlyF2i Reti TLC S.p.A. (2011-2013)
Company type Holding
Industry Telecommunications
FoundedJune 30, 2011;13 years ago (2011-06-30)
Founder
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
Subsidiaries
Website www.metrowebitalia.it

Metroweb Italia (formerly F2i Reti TLC) was a fiber-optic network operator based in Milan, Italy. [3] It was the holding that controlled Metroweb Milano, Metroweb Genova, Metroweb Sviluppo and Metrobit.

Contents

Founded in 2011, Metroweb Italia was a joint venture between F2i (53.83%) and Cassa Depositi e Prestiti via FSI Investimenti (46.17%). [4] It was known for its fiber-optic cabling and offered a wide range of dark fiber services to operators and companies of all kinds. [5]

In 2017 it was merged into Enel Open Fiber. [6] [7] [8] [9]

History

The company was founded on June 30, 2011. At founding, Intesa Sanpaolo was a minority shareholder of Metroweb Italia for 12.5% stake, but sold the shares to F2i for €20 million. [10] After the transaction, FSI formally subscribed the capital increase of Metroweb Italia, to become the new minority shareholders.

In October 2012, Metroweb Italia acquired the controlling interests (85%) in Genoese company Saster Net, which was renamed to Metroweb Genova.

In April 2015 a takeover bid from Telecom Italia was rejected. [11]

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, [12] [13] 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. [14] [15]

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. ↑ "in fibra | ottica | dark fiber | provider | ftth | spenta | fibra | qualità connessioni". Metroweb Italia (in Italian). Retrieved 2014-09-27.
  4. ↑ Jewkes, Stephen; Trogni, Luca; Masoni, Danilo (28 May 2012). "Italy fund to inject up to 500 mln euro in fibre rollout". Reuters. Retrieved 15 March 2016.
  5. ↑ "Obiettivi e Strategia". Metroweb Italia (in Italian). Retrieved 2014-09-27.
  6. ↑ "ENEL ACCELERATES ON BROADBAND WITH METROWEB ACQUISITION". www.enel.com. 2016-07-28. Retrieved 2016-12-24.
  7. ↑ "OPEN FIBER PERFEZIONA L'ACQUISIZIONE DI METROWEB". www.enelopenfiber.it (in Italian). Retrieved 2016-12-24.
  8. ↑ "OPEN FIBER: CDA APPROVA FUSIONE METROWEB". www.enelopenfiber.it (in Italian). Retrieved 2017-01-27.
  9. ↑ "ENEL ACCELERATES ON BROADBAND WITH METROWEB ACQUISITION". www.enel.com.
  10. ↑ "INTESA SANPAOLO TRANSFERS 12.5% OF F2i RETI TLC TO THE F2i FUND". Intesa Sanpaolo / F2i. 13 September 2012. Retrieved 16 March 2016.
  11. ↑ "Metroweb's state owner rejects Telecom Italia proposal: sources". Reuters. 23 April 2015. Retrieved 16 March 2016.
  12. ↑ "ENEL ACCELERATES ON BROADBAND WITH METROWEB ACQUISITION". www.enel.com. 2016-07-28. Retrieved 2016-12-24.
  13. ↑ "OPEN FIBER PERFEZIONA L'ACQUISIZIONE DI METROWEB". www.enelopenfiber.it (in Italian). Retrieved 2016-12-24.
  14. ↑ "OPEN FIBER: CDA APPROVA FUSIONE METROWEB". www.enelopenfiber.it (in Italian). Retrieved 2017-01-27.
  15. ↑ "ENEL ACCELERATES ON BROADBAND WITH METROWEB ACQUISITION". www.enel.com.

See also


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