Telecom Italia, Italtel Invest EUR 71M for 4G & Fiber Broadband in Southern Italy

Telecom Italia, Italtel Invest EUR 71M for 4G & Fiber Broadband in Southern Italy Image Credit:Itatel

Telecom Italia and Italtel have signed a Development Contract worth a total of 71 million euros to speed up the development of ultrabroadband networks and promote the use of innovative services in Campania, Puglia, Calabria and Sicily, partnering with Invitalia, the National Agency of Italy for inward investment promotion and enterprise development.  The public-private partnership also covers research and development programmes aimed at designing and creating software products for ultrabroadband networks in the Italtel industrial plant in Carini (Palermo).

Telecom Italia is investing 48 million euros to extend the existing networks in the territory of the four regions involved to build an ultrabroadband network infrastructure based on the development of the LTE mobile network and the new generation FTTC and FTTH network. At the same time, Italtel is investing 23 million euros, extending the development of new software products for the virtualisation of networks using Cloud Computing and for the development of software products for ultrabroadband networks.

Roberto Opilio, Head of Operations at Telecom Italia 
It is our mission to guide the digital development and transformation of the Country. The new industrial plan envisages 10 billion euros of investment in Italy over the three year period 2015-2017, half of which earmarked for innovative technologies alone. In Campania, Puglia, Calabria and Sicily we are heavily engaged in creating new generation infrastructure, and are already making innovative services available to families, businesses and government bodies, thus contributing to support and develop the territory.

Stefano Pileri, Chief Executive Officer of Italtel 
With the Cloud and the Internet of Things, ultrabroadband networks are the technologies of the digital revolution. Today work is already underway on connections and technologies with speeds of 1000 Mbps, and this makes it even more essential to invest in the spread of ultrabroadband. This new contract represents a great opportunity for Southern Italy , and for Italy as a whole, to speed up the process of digitalisation and the spread of innovative services. 

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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