Telecom Italia (TIM) and Swisscom’s fixed-line Italian unit Fastweb have agreed to establish a joint venture which will invest €1.2bn (US$1.3bn) to accelerate the rollout of an ultrafast broadband network in 29 cities. TIM will own 80% of the JV and Fastweb the remaining 20%, the Italian incumbent said in a presentation on its results for […]
