Italy’s antitrust regulator announced on Monday, April 29, it had extended a probe into alleged market abuse by Telecom Italia over fiber optic rollout and wholesale pricing to September 30.
The competition watchdog stated it had granted the extension to give Telecom Italia (TIM) more time to organize its defense.
The investigation began almost two years ago after TIM, then headed by former CEO Flavio Cattaneo, announced plans to roll out fast broadband in uneconomic areas before later scrapping them.
TIM had initially announced it would not roll out fiber in such areas, forcing Rome to step in with state subsidized tenders.
Full Content: Reuters
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