Enel Is Said to Plan Broadband Grid to Rival Telecom Italia
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Enel SpA, Italy’s largest utility, plans to expand into broadband Internet networks in a move that could boost competition to Telecom Italia SpA, according to three people with direct knowledge of the matter.
The project, supported by Prime Minister Matteo Renzi, would involve using Enel infrastructure such as transmission towers and electricity cabinets to host new fiber-optic cables, said the people, asking not to be identified since the proposal isn’t public. Enel would share the grid with phone carriers, the people said.