July 29, 2016 9:20 PM ET

Diversified Telecommunication Services

Company Overview of FASTWEB Spa

Company Overview

FASTWEB Spa operates as a fixed-line telecommunication provider. The company offers ultra-broadband Internet, fiber-to-the-home technology, fiber-to-the-street-cabinet technology, ADSL connection, voice and data, cloud computing application, security and converging communication, and other value-added services. It serves households, corporates, public administration segments, and small and medium enterprises in Europe. FASTWEB Spa was formerly known as e.Biscom S.p.A. and changed its name to FASTWEB Spa in December 2004. The company was founded in 1999 and is based in Milan, Italy with locations in Italy. FASTWEB Spa operates as a subsidiary of Swisscom Italia S.r.l.

Via Caracciolo 51

Milan, MI 20155

Italy

Founded in 1999

Phone:

39 02 45451

Fax:

39 02 45 45 48 11

Key Executives for FASTWEB Spa

Chief Executive Officer, General Manager, Director and Member of Management Board
Age: 44
Chief Financial Officer and Member of Management Board
Age: 48
Chief Enterprise Officer and Member of Management Board
Age: 53
Chief Wholesale Officer and Member of Management Board
Age: 49
Chief Institutional & External Relations Officer
Age: 57
Compensation as of Fiscal Year 2016.

FASTWEB Spa Key Developments

Leonardo and Partners to Supply Security Services to Italian Public Offices

The Consortium of companies led by Leonardo - Finmeccanica, through Consip has won the tender for the supply of digital security services to the Italian Public Offices. The total value of the tender is EUR 600 million. The work-share for Leonardo, agent for the consortium of companies including IBM Italia and Fastweb, amounts to approximately EUR 250 million. Leonardo will play a central role in all phases of the project, considering that security is key to transactions with the Public Offices in guaranteeing data integrity and authenticity. The contract refers to Lot 2 of the framework agreement, sub-divided into 4 Lots, relative to cloud computing services, security, the creation of portals and online services and application cooperation for Public Administrations (PA). The supply of Lot 2 refers to "Digital identity and application security services", divided into two areas of activity. Specifically, one area refers to services for the prevention and management of IT accidents and the analysis of the vulnerabilities of hardware and software components of PA IT systems, applicable in centralized and shared cloud environments as well as single administrations. A second area refers to a broad series of services and tools supporting PA digital identity management, including electronic signature and stamps for validating, storing and guaranteeing conformity and legal validity of electronic documents and from digital copy. The services can be issued centrally or at the headquarters of the administrations providing them based on the type of service and the choices of the various PAs; the agreement is an important step towards standardizing and harmonizing digital security in PA, an essential condition for offering uniform security levels and improving citizen data protection.

Fastweb Launches FASTGATE Gateway Service

Fastweb has launched FASTGATE gateway service, which integrates ultra-broadband VDSL 35B data access and enhanced Wi-Fi connectivity technology from Technicolor. The service delivers reliable 200 Mb/s download speeds and improved wireless access, allowing customers to enjoy high-speed data, high-fidelity video and real-time media throughout their homes and businesses. Available in 24 cities, with plans underway to serve up to 30 cities by the end of 2016, Fastweb intends to expand its ultra-broadband network service to 13 million households in 500 cities (50% of the population) with a major deployment of fiber-to-the-home and fiber-to-the-cabinet technology by 2020 and speeds up to 200 Mbps. Fastweb's service includes a Technicolor gateway that features four Gigabit Ethernet LAN ports, and the latest multi-stream Wi-Fi technology available in the market. It also provides cutting edge Multiple Input Multiple Output (MIMO) antenna technology that offers superior data rates, range and reliability. The service leverages Technicolor's AutoWAN sensing technology that can intelligently choose the best network path to accelerate the delivery of high-bandwidth services, such as 4K/UHD video streaming and other value-added Connected Home applications.

Iliad In Exclusive Talks Over Wind, 3 Italia Assets

VimpelCom Ltd. (NasdaqGS:VIP) and CK Hutchison CK Hutchison Holdings Limited (SEHK:1) have entered into exclusive talks with Iliad SA (ENXTPA:ILD) over the possibility of acquiring Italian frequencies and infrastructure assets and setting up a fourth mobile operator in the country, according to two unnamed sources cited by Reuters. Previous reports have indicated that Wind and 3 Italia S.p.A., have offered to sell assets including 8,000 network sites, frequencies and a roaming deal in a bid to convince EC regulators to approve their proposed merger. The European Commission will now decide whether Iliad can compete effectively with the other three network operators, including Telecom Italia S.p.A. (BIT:TIT). Fastweb Spa has also confirmed its interest in the assets and has reportedly raised its mobile coverage proposal to 100% of Italy’s territory by 2020 in a bid to persuade regulators. The EC’s anti-trust authority is due to issue its decision on the merger on September 8, 2016, but one of the sources said Hutchison and VimpelCom may be told of its decision by the end of the week.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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