Metroweb Italia

Metroweb Italia S.p.A.
FormerlyF2i Reti TLC S.p.A. (2011-2013)
TypeHolding
IndustryTelecommunications
FoundedJune 30, 2011 (2011-06-30)
Founder
DefunctJanuary 13, 2017 (2017-01-13)
FateMerged into Enel Open Fiber
SuccessorEnel Open Fiber
Headquarters,
Italy
Area served
Italy
ProductsFiber-optic communications, FTTH
Revenue€ 64,291,000 (2014[1])
€ 8,847,000 (2014[1])
Owner
Parent
Subsidiaries
  • Metroweb Milano (87.68%)
  • Metroweb Genova (85%)
  • Metroweb Sviluppo (100%)
  • Metrobit (100%)
Websitewww.metrowebitalia.it

Metroweb Italia S.p.A. (formerly F2i Reti TLC S.p.A.) was a fiber-optic network operator based in Milan, Italy.[2] It was the holding that controlled Metroweb Milano, Metroweb Genova, Metroweb Sviluppo and Metrobit.

Founded in 2011, Metroweb Italia was a joint venture between F2i (53.83%) and Cassa Depositi e Prestiti via FSI Investimenti (46.17%).[3] It was known for its fiber-optic cabling and offered a wide range of dark fiber services to operators and companies of all kinds.[4]

In 2017 it was merged into Enel Open Fiber.[5][6][7]

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.[8] 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.[9]

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,[5][6] 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.[7][5]

References

  1. 1 2 "Annual Report Metroweb 2014 (ENG)" (PDF). Metroweb Milano. Retrieved 16 March 2015.
  2. ↑ "in fibra | ottica | dark fiber | provider | ftth | spenta | fibra | qualità connessioni". Metroweb Italia (in Italian). Retrieved 27 September 2014.
  3. ↑ 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.
  4. ↑ "Obiettivi e Strategia". Metroweb Italia (in Italian). Retrieved 27 September 2014.
  5. 1 2 3 "ENEL ACCELERATES ON BROADBAND WITH METROWEB ACQUISITION". www.enel.com. 28 July 2016. Retrieved 24 December 2016.
  6. 1 2 "OPEN FIBER PERFEZIONA L'ACQUISIZIONE DI METROWEB". www.enelopenfiber.it (in Italian). Retrieved 24 December 2016.
  7. 1 2 "OPEN FIBER: CDA APPROVA FUSIONE METROWEB". www.enelopenfiber.it (in Italian). Retrieved 27 January 2017.
  8. ↑ "INTESA SANPAOLO TRANSFERS 12.5% OF F2i RETI TLC TO THE F2i FUND". Intesa Sanpaolo / F2i. 13 September 2012. Retrieved 16 March 2016.
  9. ↑ "Metroweb's state owner rejects Telecom Italia proposal: sources". Reuters. 23 April 2015. Retrieved 16 March 2016.

See also