Telecom Italia S.p.A.

11/30/2021 | Press release | Distributed by Public on 11/30/2021 03:03

FiberCop and AfinnaOne sign co-investment agreement to...

TIM Group infrastructure operator FiberCop has signed an agreement with AfinnaOne that will allow the Fiber-to-the-Home (FTTH) access market to be developed through AffinnaOne's involvement in the FiberCop network co-investment project.

Under this agreement, AfinnaOne will use the fibre optic secondary access network to connect FiberCop homes according to the "Access to the optical cabinet" model, based on the purchase, on an IRU basis for 20 years, of dedicated fibre infrastructure equipment (primary and secondary splitters and fibre-optic links).

AfinnaOne's endorsement of the co-investment offer - which the TIM Group is implementing through FiberCop - follows that of other important operators and confirms the soundness of FiberCop's investment plan, which will ensure FTTH coverage for 75% of the country's grey and black areas by 2025.

The agreement reached confirms the effectiveness of the co-investment model, which allows all interested operators to participate in the deployment of optical fibre in Italy in an infrastructure competition framework. Moreover, it speeds up the process of overcoming the digital divide in the country and allows households and businesses to choose ultrabroadband connections with speeds of over 1 Gigabit per second.

***

FiberCop is the infrastructure company controlled by TIM (58%) together with KKR Infrastructure (37.5%) and Fastweb (4.5%) which aims to digitize the country by deploying Fibre-to-the-home (FTTH) optical fibre connections.

FiberCop operates on the basis of a co-investment model and is the first case in Europe to see the new European Electronic Communications Code applied at national scale.

The company provides operators with fibre optic passive access services, operating with maximum efficiency and protecting people and the environment.

FiberCop has a network asset that already offers over 94% of the population UBB connections thanks to FTTC and FTTH connections and will continue to develop FTTH coverage with a connection speed of over 1 Gigabit. The aim is to achieve 75% coverage of households in the country's grey and black areas by 2025.

FiberCop aims to make a critical contribution to reducing the digital divide in Italy, speeding up the process of customers switching from copper to fibre.

***

AfinnaOne was established in 2010. Since its inception, AfinnaOne's mission has always been to ensure the high quality of the services offered and an ability to create stable and lasting relationships with customers and suppliers. A class 5 proprietary exchange, a smart network node, a multilingual NOC operating 24/7/365 and able to satisfy customer requests in real time, and the professionalism of its Team, are the core values ​of all the services offered by the Company. Since 2019, AfinnaOne has been evolving towards a new world, establishing important collaborations in the field of IoT and OTT systems, benefiting from twenty-year relationships in technological innovation in markets that are sure to expand. This first year of experience has laid the foundations for the Company's evolution, leading it to become an important player in the world of traditional telephony with a Digital Transformation structural component, with the introduction of the innovative and unique DiPaaS (Digital Platform as a Service) platform, the bridge that will lead AfinnaOne towards a future in which digitisation and tradition will merge into a single world to serve companies and customers.

Rome, 30 November 2021