Telecom Italia has announced it is part of a new public-private partnership that aims to boost the deployment of ultra-broadband networks in Southern Italy.
The operator is teaming up with infrastructure vendor Italtel and Invitalia, a national agency for investment promotion and enterprise development, as part of the €71 million scheme.
Telecom Italia is investing €48 million to build infrastructure including LTE, FTTC and FTTH networks in Campania, Puglia, Calabria and Sicily.
The company revealed in February that it plans to invest €10 billion over the next three years, including €500 million dedicated to fibre deployments.
Italtel is investing €23 million to develop virtualised software and broadband services as part of a new research and development programme.
Invitalia is financing the project to the tune of €22 million.
Invitalia CEO Domenico Arcuri commented: “This agreement goes some way towards bridging the infrastructure gap in Southern Italy in the spread of ultra-broadband, which has been one of Invitalia's objectives for some time.
“The further development of telecommunications and services will bring undeniable growth for businesses, institutions and individuals in a territory in which an intervention of this kind is increasingly urgent.”
Italtel CEO Stefano Pileri added: “With the Cloud and the Internet of Things, ultra-broadband 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 ultra-broadband.
“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.”