-- 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

 

Write to Barcelona editors at barcelonaeditors@dowjones.com

 

(END) Dow Jones Newswires

September 17, 2020 06:32 ET (10:32 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
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