TIM gets 1.6 billion euros in Italian broadband tender

  div classBodysc17zpet90 cdBBJodivpROME Reuters – Telecom Italia TIM on Tuesday secured 1.6 billion euros 1.72 billion from the Italian government in a tender for the rollout of ultra fast broadband, the innovation ministry said.p

  pState owned Open Fiber was awarded contracts worth 1.8 billion euros. There were no other bidders. pdivdivdiv classBodysc17zpet90 cdBBJodiv

  pThe tenders were part of an EUfunded scheme to help the countrys economy recover from the COVID19 pandemic.p

  p1 0.9317 eurosp

  p

  pp Reporting by Gavin Jones, editing by Elvira Pollinap

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