Italy puts up €3.7 billion to fuel gigabit broadband push
The Italian government buckled down on broadband, launching a new multi-billion euro fund that aims to provide enough support to help operators push gigabit services to nearly 7 million locations in the coming years. Dubbed Italia a 1Giga (or “Italy to 1 Gig”), the funding initiative is set to provide a total of €3.65 billion (approximately $4.14 billion) in grants to fuel deployments across 15 regions in Italy. Operators will be permitted to submit bids for the grants through March 16, and will be able to win funding in a maximum of eight regions.