The Board of Directors of F2i – Fondi Italiani per le infrastrutture (Italian infrastructure Funds), chaired by Ettore Gotti Tedeschi, met today to resolve, among other matters, to approve the Regulations of the Second F2i Fund, dedicated to continuing investments in Italian infrastructures.
Italian Infrastructure Funds – states that “regarding the interest held in Metroweb, Intesa Sanpaolo and F2i are evaluating the possibility of the credit institution’s selling off its share, believing that its own commitment has been met at this point.”
F2i and FSI (Fondo Strategico Italiano) are preparing to launch the NGN plan for development of the ultra-wide bandwidth network in 30 principal Italian cities, relying on the established know-how of Metroweb SpA. The plan was presented by the president of F2i, Ettore Gotti Tedeschi, by the managing director of F2i, Vito Gamberale, and by the managing director of Metroweb, Alberto Trondoli, at a hearing of the Telecommunications Committee of the Chamber of Deputies last March 14.
F2i and FSI (Fondo Strategico Italiano) will formalize an agreement calling for FSI’s entry into F2i Reti TLC through an increase in the reserve capital of 200 million euros. Following the operation, FSI will hold 46.2% of F2i Reti TLC, the vehicle that controls Metroweb SpA a 61.4% share. The capital increase will be used to finance a new fibre-optic network and to duplicate the Metroweb business model in the Milan metropolitan area in other Italian cities.