Italy working on plan to create a single broadband provider

(Reuters) – Italy’s deputy prime minister Luigi di Maio said on Sunday the government was working on establishing conditions to create a single operator in the country for internet broadband.

“We are working to set the conditions in order to create a single player to distribute internet and broadband,” Di Maio, who also doubles as Industry Minister, said in an interview with la7 television.

He did not give details but said that to create “a new digital highway” the government would set up talks with all involved players.

“I believe that the dossier must be closed by the end of the year,” Di Maio said.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.