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Draghi Says Deal Reached with EU on Italy's Recovery Plan


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By Giuseppe Fonte and Gavin Jones
Italy plans to spend more than 220 billion euros ($266 billion) from European Union and national funds to revive its coronavirus-battered economy, a draft seen by Reuters showed.
Economy Minister Daniele Franco unveiled the plan’s details to the cabinet late on Saturday, after it was delayed for 12 hours to allow negotiations to proceed with Brussels.
Draghi’s spokesperson said he told his ministers that he got the green light from the Commission by intervening directly in the talks, even though there were still some “marginal adjustments” to iron out.
Draghi’s intervention included a call with Commission President Ursula von der Leyen, the spokesperson said. ....

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ANALYSIS-Cabling Italy: what price the single network as ...


Rome deciding whether to revive single network plan
Plan promises savings, but some favour competition
By Stephen Jewkes, Elvira Pollina and Giuseppe Fonte
MILAN, April 19 (Reuters) - When mayor Filippo Tripoli got a phone call from Telecom Italia last December to cable his town in Sicily he was taken by surprise. Bagheria, population 55,000, had already been cabled by rival Open Fiber and another network seemed extravagant.
It knocked me sideways, Tripoli said. What s the point of cabling a place that has already been cabled once.
Open Fiber finished work in Bagheria earlier this year and is now busy resurfacing the streets. Telecom Italia (TIM) has just started, but could be finished by the end of the year. Cost? Some 4.5 million euros ($5.4 million) for Open Fiber and around 3 million euros for TIM. ....

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Analysis: Cabling Italy - what price the single network as Rome dithers?


6 Min Read
MILAN (Reuters) - When mayor Filippo Tripoli got a phone call from Telecom Italia last December to cable his town in Sicily he was taken by surprise. Bagheria, population 55,000, had already been cabled by rival Open Fiber and another network seemed extravagant.
Open Fiber staff works in Bagheria, a town near Palermo, Italy April 8, 2021. Picture taken April 8, 2021. Open Fiber/Nicola Giambelluca/Handout via REUTERS
“It knocked me sideways,” Tripoli said. “What’s the point of cabling a place that has already been cabled once.”
Open Fiber finished work in Bagheria earlier this year and is now busy resurfacing the streets. Telecom Italia (TIM) has just started, but could be finished by the end of the year. Cost? Some 4.5 million euros ($5.4 million) for Open Fiber and around 3 million euros for TIM. ....

Michele Polo , Stephen Jewkes , Giuseppe Fonte , Vittorio Colao , Mario Draghi , Elvira Pollina , Mark Potter , Giovanni Pileri , Daniele Franco , Thomson Reuters Trust Principles , Telecom Italia , European Union , Society Index , Milan Bocconi University , Filippo Tripoli , Open Fiber , Economy Minister Daniele Franco , Digital Economy , Thomson Reuters Trust , Company News , Enterprise Reporting , Internet Service Providers Trbc Level 5 , Government Politics , Private Equity Trbc Level 5 , Picture Available , Telecommunications Services Trbc Level 3 ,

ANALYSIS-Cabling Italy: what price the single network as Rome dithers?


6 Min Read
MILAN (Reuters) - When mayor Filippo Tripoli got a phone call from Telecom Italia last December to cable his town in Sicily he was taken by surprise. Bagheria, population 55,000, had already been cabled by rival Open Fiber and another network seemed extravagant.
Open Fiber staff works in Bagheria, a town near Palermo, Italy April 8, 2021. Picture taken April 8, 2021. Open Fiber/Nicola Giambelluca/Handout via REUTERS
“It knocked me sideways,” Tripoli said. “What’s the point of cabling a place that has already been cabled once.”
Open Fiber finished work in Bagheria earlier this year and is now busy resurfacing the streets. Telecom Italia (TIM) has just started, but could be finished by the end of the year. Cost? Some 4.5 million euros ($5.4 million) for Open Fiber and around 3 million euros for TIM. ....

Michele Polo , Stephen Jewkes , Giuseppe Fonte , Vittorio Colao , Mario Draghi , Elvira Pollina , Mark Potter , Giovanni Pileri , Daniele Franco , Thomson Reuters Trust Principles , Telecom Italia , European Union , Society Index , Milan Bocconi University , Open Fiber , Filippo Tripoli , Economy Minister Daniele Franco , Digital Economy , Thomson Reuters Trust , Company News , Enterprise Reporting , Internet Service Providers Trbc Level 5 , Government Politics , Private Equity Trbc Level 5 , Picture Available , Telecommunications Services Trbc Level 3 ,