Open Fiber, the Italian wholesale FTTH access network operator set up by power utility Enel, has closed the acquisition of Metroweb for €714 million (US$749 million).
The deal was first agreed in July and the details finalized in October. The new combined company is jointly owned by Enel and Italian state funding company CDP Equity SpA. (See Eurobites: Italy's Enel in $2.8B FTTH Plan.)
National operator Telecom Italia had also been interested in acquiring Metroweb, which is building fiber access networks in Milan, Genoa, Bologna and Turin, to further its own FTTH ambitions, but Open Fiber won the duel to close the deal.
The acquisition is part of Open Fiber's plans to build an extensive wholesale FTTH network across more than 200 cities that can be used by multiple retail broadband service providers to reach more than 9.5 million homes. The initial Open Fiber rollout targets Bari, Cagliari, Catania, Florence, Genoa, Naples, Padua, Palermo, Perugia and Venice.
The cost of taking a FTTH connection to all of Europe's homes could be as low as €137 billion or as high as €360 billion, if you give any credence to studies from two of the region's broadband lobby groups.
5G promises connectivity 10 to 100 times faster than 4G networks, with latencies less than 1msec, making real-time applications such as tactile Internet useable over mobile networks for the first time. However, mobile operators will need to deploy ten times as many radio sites, each with highly reliable plug-and-go multi-gigabit connections, to achieve that level of performance.
In this UBB2020 webinar, Heavy Reading's Gabriel Brown and ADTRAN's Ryan McCowan will:
Discuss 5G densification strategies and their network impact
Outline the different requirements for backhaul and fronthaul needed to support 5G densification strategies
Explore next-generation PON-fixed access technologies and software defined networking principles as emerging solutions to accelerate 5G densification
Outline how NG-PON2, the next-generation multi-gigabit fiber technology, supports the x-haul (fronthaul, backhaul and crosshaul applications) requirements of 5G
NG-PON2 broadband access technology is already in trials with multiple major network operators but is it too early for the commercial deployment of this next generation ultra-broadband technology? In this UBB2020 live radio show, ADTRAN's Kurt Raaflaub provides an update on NG-PON2 developments and chats to Light Reading's Ray Le Maistre about how this technology could play a role in production access networks in 2017.