Metroweb
{{Short description|Italian telecommunications company}}
{{for|the parent company and other subsidiaries|Metroweb Italia}}
{{one source|date=April 2016}}
{{Infobox company
| name = Metroweb S.p.A.
| logo = Logo Metroweb.png
| former_name = Citytel S.r.l. (1997-1999)
| type = Subsidiary
| industry = Telecommunications
| founded = {{Start date and age|1997|12|12}}
| founder = AEM
| defunct = {{End date|2017|01|13}}
| fate = Merged into Enel Open Fiber
| successor = Enel Open Fiber
| hq_location_city = Milan
| hq_location_country = Italy
| area_served = Italy
| products = Fiber-optic communications, FTTH
| revenue = € {{formatnum:64291000}}
| net_income = € {{formatnum:8847000}}
| owner = {{Unbulleted list
|Metroweb Italia (89.4%)
|Fastweb (10.6%)
}}
| parent = Metroweb Italia
| website = {{URL|www.metroweb.it}}
}}
Metroweb (formerly Citytel), also known as Metroweb Milano, was a fiber-optic network operator based in Milan, Italy.{{Cite web |date= |title=Profilo e Obiettivi |url=http://www.metroweb.it/chi-siamo/profilo-e-obiettivi/ |access-date=2014-09-27 |website=Metroweb Milano |language=it-IT}} It was a subsidiary of Metroweb Italia S.p.A.
Founded in 1997, Metroweb was known for its fiber-optic cabling. Historically, it wired Milan,{{Cite web |date= |title=copertura {{!}} rete {{!}} fibra ottica {{!}} milano {{!}} cablatura {{!}} banda larga {{!}} banda ultra {{!}} 100 megabit |url=http://www.metroweb.it/la-nostra-rete/fibra-ottica-milano/ |access-date=2014-09-27 |website=Metroweb Milano |language=it-IT}} allowing Fastweb's FTTH services and a wide range of dark fiber to operators and companies of all kinds.{{Cite web |date= |title=connessioni {{!}} ottica {{!}} milano {{!}} ftth {{!}} qualità {{!}} in fibra {{!}} infrastruttura {{!}} telecomunicazioni |url=http://www.metroweb.it/la-nostra-rete/infrastruttura-abilitante/ |access-date=2014-09-27 |website=Metroweb Milano |language=it-IT}}
Operators use a GPON network by renting Metrobit "monofiber", a single fiber of the single-mode type that allows full-duplex at gigabit speeds.{{Cite web |date= |title=copertura {{!}} rete {{!}} banda larga {{!}} ftth {{!}} milano {{!}} banda ultra {{!}} rete ftth {{!}} 100% fibra ottica |url=http://www.metroweb.it/la-nostra-rete/rete-ftth/ |access-date=2014-09-27 |website=Metroweb Milano |language=it-IT}}
In 2017 it was merged into Enel Open Fiber.{{cite web |date=2016-07-28 |title=ENEL ACCELERATES ON BROADBAND WITH METROWEB ACQUISITION |url=https://www.enel.com/en-GB/Pages/media/press/detail.aspx?source=investors&id=955&title=ENEL%20ACCELERATES%20ON%20BROADBAND%20WITH%20METROWEB%20ACQUISITION&curPage=1 |url-status= |archive-url= |archive-date= |access-date=2016-12-24 |publisher=www.enel.com |language=en-GB}}{{Cite web |title=OPEN FIBER PERFEZIONA L'ACQUISIZIONE DI METROWEB |url=http://www.enelopenfiber.it/comunicati/comunicato_15.html |access-date=2016-12-24 |website=www.enelopenfiber.it |language=it-IT}}{{Cite web |title=OPEN FIBER: CDA APPROVA FUSIONE METROWEB. |url=https://www.enelopenfiber.it/comunicati/comunicato_16.html |access-date=2017-01-27 |website=www.enelopenfiber.it |language=it-IT}}{{cite web |date= |title=ENEL ACCELERATES ON BROADBAND WITH METROWEB ACQUISITION |url=https://www.enel.com/en-GB/Pages/media/press/detail.aspx?source=investors&id=955&title=ENEL%20ACCELERATES%20ON%20BROADBAND%20WITH%20METROWEB%20ACQUISITION&curPage=1 |archive-url= |archive-date= |access-date= |website=www.enel.com |publisher= |language=en}}
History
The company was founded on December 12, 1997 as Citytel by AEM with an investment of 200 million lire to build and manage broadband telecommunications networks.
In 1999 e.Biscom (later Fastweb) acquired 33% of Citytel, which was sold again to AEM in 2003. In the same year the company became Metroweb.
In 2006, the Stirling Square Capital Partners fund and some of the company's managers acquired 76.5% of Metroweb from AEM, paying 232 million euros.
In 2011, the Stirling Square Capital Partners fund and A2A sold their shares (12.5% and 87.5% respectively) of Metroweb to the F2i and IMI Investimenti (Intesa Sanpaolo) for 436 million euros.
Since 2013, the FTTH offer on Metroweb infrastructure was extended to other operators such as Vodafone and Wind.{{Cite web |date=2012-11-12 |title=Nota Stampa Congiunta Metroweb SpA - Vodafone - Wind |url=http://www.metrowebitalia.it/comunicati-stampa/nota-stampa-congiunta-metroweb-vodafone-wind |access-date=2014-09-27 |website=Metroweb Italia |language=it-IT}}{{Cite web |date=2015-02-25 |title=Gli operatori rilanciano sulla fibra ottica: giù i costi mensili |url=http://www.repubblica.it/tecnologia/2015/02/25/news/gli_operatori_rilanciano_sulla_fibra_ottica_gi_i_costi_mensili-108162139/ |access-date=2016-01-28 |website=la Repubblica |language=it}}
In June 2016, Enel entered into negotiations with CDP Equity and F2i, aiming at a future integration between Enel Open Fiber and Metroweb. The first step was the subscription of Open Fiber's capital increase, which led to the creation of a 50/50 joint venture between Enel and CDP Equity. Subsequently, on December 20, 2016, Enel Open Fiber acquired the entire capital of Metroweb, followed by the merger by incorporation of Metroweb into Open Fiber, approved by the Board of Directors on January 13, 2017 and completed in the first quarter of 2017.
References
{{reflist}}
See also
{{Commons category}}
{{Portal bar|Italy|Companies|Telecommunications}}
External links
- {{Official site|}}
{{Authority control}}
Category:Telecommunications companies established in 1997
Category:Companies based in Milan
Category:Telecommunications companies of Italy
Category:Government-owned companies of Italy
Category:Private equity portfolio companies
Category:Italian companies established in 1997
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