Telecom Italia S p A : EU Likely to Oppose Italy's Plan for Single National Broadband Network -Bloomberg

-- The European Union's antitrust body is likely to oppose plans to set up a single national broadband network in Italy amid fears it could create a monopoly, Bloomberg reports citing people familiar with the matter.

-- EU concerns stem from the proposed combination of Telecom Italia SpA's landline network and Open Fiber SpA--a 50/50 joint venture between Enel SpA and Italian state lender Cassa Depositi e Prestiti, Bloomberg reports.

-- The EU and Telecom Italia didn't immediately respond to requests for comment when approached by Dow Jones.

Full story: https://bloom.bg/3c5bop7

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