Vodafone Italy is reportedly working to acquire a minimum 10 percent stake in Metroweb, a fibre-optic company. According to reports, Metroweb’s clientele currently includes Telecom Italia, Vodafone, Wind Telecomunicazioni and Fastweb, a unit of Swisscom.
Sources claim that the fiber-optic company had hinted at plans of extending its network in various cities of Italy with its prime focus towards the northern end. Further, F2i, the investment and infrastructure unit of Intesa Sanapaolo had reportedly agreed to pay $ 587 million to acquire Metroweb in May 2011, while Fastweb agreed to buy 11 percent of the company last month.