Open Fiber

Enel Open Fiber was established in December 2015, as a wholly owned subsidiary of Italian energy company Enel, in order to build an independent fibre-based access network.{{Cite web |title=PRESENTATO AL CDA ENEL IL PIANO STRATEGICO DI ENEL OPEN FIBER |url=http://www.enelopenfiber.it/comunicati/comunicato_02.html |access-date=2016-08-09 |website=www.enelopenfiber.it |language=it-IT}}

In July 2016, the company acquired Metroweb from F2i SGR and Cassa Depositi e Prestiti, a private equity fund and a sovereign wealth fund respectively. However, CDP also acquired 50% stake in Open Fiber.{{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}}

The company operates in the so-called "market success" clusters A and B as resolved by the Council of Ministers of the Italian Republic on 4 March 2015, ie 282 municipalities in large urban areas by 2022. The areas chosen for the project are a subset of the 642 municipalities categorized as clusters A and B by the Government.{{Cite web |date= |title=Banda ultralarga, ecco i dati della consultazione 2015 |url=http://www.sviluppoeconomico.gov.it/index.php/it/per-i-media/notizie/2033489-banda-ultralarga-ecco-i-dati-della-consultazione-2015 |access-date=2016-07-09 |website=www.sviluppoeconomico.gov.it |language=it-IT}} Open Fiber, estimating a cost corresponding to less than half of that proposed by the competition, won all fourteen lots envisaged in the three calls for the "ultra-broadband plan" launched by Infratel Italia for the construction of the network in clusters C and D ie "white areas" with low population density. The plan provides for the implementation of FTTH optical fiber with speeds up to 1 Gbit/s for urban areas and agglomerations of housing units, while preparing FWA radio links for rural or impervious areas and scattered houses.{{Cite web |date= |title=Intracom Telecom Supplies its Leading FWA Solution to Open Fiber in Italy |url=https://www.intracom-telecom.com/en/news/press/press2019/2019_07_23.htm |access-date=2019-09-11 |website=www.intracom-telecom.com}}

In March 2020 Open Fiber had accrued penalties for late deliveries of the works amounting to 286,871,750 euros. Their value abundantly exceeded 10% of the amount of the works, a critical threshold which, according to the concession, gave the grantor the right to terminate the contract.{{cite web|url=https://www-startmag-it.translate.goog/innovazione/penali-infratel-open-fiber/?_x_tr_sl=it&_x_tr_tl=en&_x_tr_hl=it&_x_tr_pto=wapp|title=At what stage are the Infratel penalties on Open Fiber?|date=March 20, 2023}}{{cite web|url=https://www.startmag.it/innovazione/infratel-open-fiber-replica-startmag/|title=Cosa fa Infratel su Open Fiber e non solo}}

As of February 2023, optical fiber was carried out to 128,518 customers for a declared total cost for the Italian State of 1,471,810,248 euro (11,452 euro for each person). The service is available solely in 2,463,374 immobiliar units in respect of the 6,411,150 that had been planned for June 2023.{{cite web|url=https://www-key4biz-it.translate.goog/open-fiber-ritardi-ovunque-scarsi-i-controlli-di-infratel-intanto-ogni-cliente-e-costato-allo-stato-quasi-12mila-euro/439112/?_x_tr_sl=it&_x_tr_tl=en&_x_tr_hl=it&_x_tr_pto=wapp|title=Open Fiber. Delays everywhere, poor Infratel checks. Meanwhile, each customer has cost the state almost 12,000 euros|date=March 17, 2023}} Broadband diffusion can be verified in real time through a geographical search engine and an interactive map.{{cite web|url=https://www-tomshw-it.translate.goog/smartphone/fibra-ottica-stato-lavori-banda-ultralarga/?_x_tr_sl=it&_x_tr_tl=en&_x_tr_hl=it&_x_tr_pto=wapp|title=When does the fiber arrive? How to check the status of jobs for ultra-broadband}}

In 2022 Enel sells its 50% share, which is acquired for 40% by Macquarie Asset Management and for 10% by CDP Equity, which reaches a 60% stake in the company.{{Cite web |date= |title=Enel perfeziona la cessione del 50% del capitale di Open Fiber per circa 2.733 milioni di euro - corporate.enel.it |url=https://corporate.enel.it/it/media/press/d/2021/12/enel-perfeziona-la-cessione-del-50-del-capitale-di-open-fiber-per-circa-2733-milioni-di-euro |access-date=2022-08-15 |website=corporate.enel.it |language=it}}

At the end of 2022, the debt reached a record value of 4.6 billion euros.{{cite web|url=https://www-key4biz-it.translate.goog/open-fiber-la-richiesta-di-aiuti-di-stato-rischia-di-affossare-il-progetto-di-rete-nazionale/439314/?_x_tr_sl=it&_x_tr_tl=en&_x_tr_hl=it&_x_tr_pto=wapp|language=it|title=Open Fiber. The request for state aid threatens to scuttle the 'national network' project|date=March 20, 2023}}

• Cassa Depositi e Prestiti
• CDP Equity
• Enel
• Macquarie Group
• Metroweb

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• {{Cite book|language=it|editor=Giuseppe Oddo|editor-link=Giuseppe Oddo|author=Franco Bernabè|author-link=Franco Bernabè|title=A conti fatti. Quarant'anni di capitalismo italiano|chapter=La concorrenza con Open Fiber e la parabola discendente|date=2020|publisher=Feltrinelli|location=Milan|isbn=978-88-07-17374-5}}
• {{Cite magazine|language=it|author=Andrea Colucci|title=Open Fiber. Innovazione e infrastrutture tecnologiche: un piano Marshall per la competitività del Paese|others=Intervista a Elisabetta Ripa, amministratore delegato di Open Fiber|magazine=Italia Informa|pages=42–45|issue=2, anno III|date=March–April 2019|publisher=Gedecom|location=Rome|url=https://italia-informa.com/copertina-italia-informa-marzo-aprile-2019.aspx#book/44|via=italia-informa.com|access-date=14 July 2020}}
• {{Cite book|language=it|author=Federica Loffredo|title=Il modello Wholesale Only: la rivoluzione del nuovo codice delle comunicazioni elettroniche|chapter=Il ruolo di Open Fiber nel panorama italiano|periodical=Diritto ed Economia dei Mezzi di Comunicazione|pages=118–122|volume=Anno XV, no. 2|date=2019|publisher=Centro Consulenze Editoriali|location=Naples|issn=1827-0395}}

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Category:Enel

Category:Italian companies established in 2015

Category:Telecommunications companies established in 2015

Category:Companies based in Milan

Category:Telecommunications companies of Italy

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