Telecommunications provider Telecom Italia has secured 725 million euros ($1 billion) in government contracts to roll out 5G networks, Italy’s Ministry of Technological Innovation and Digital Transition announced on Monday.
The funding coincides as earlier this year, the European Commission approved a two billion euro Italian program to support the deployment of 5G mobile networks through the Recovery and Resilience Plan (PNRR), according to Reuters.
The government’s call for tenders includes six geographical lots. It will finance 90% of the total cost of the works. The ministry also added that other operators would get wholesale access to the funded infrastructure.
light reading reports that the six geographic lots include a number of traditionally underserved areas.
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The greater part of Telecom Italy a grant worth 135 million euros ($213 million) was allocated to the lot covering Abruzzo, Molise, Campania, Basilicata and Puglia.
He added that 5G fiber backhaul links will connect more than 11,000 base stations by June 30, 2026.
This first appeared in the CommsWire subscription newsletter on June 15, 2022.
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Kenn Anthony Mendoza is the newest member of the iTWire team. Kenn is also a contributing writer for South China Morning Post Style and has written articles on Korean entertainment, Asian and European royalty, millionaires and billionaires, and LGBTQIA+ issues. It has been published in Filipino newspapers, magazines and online sites: Tatler Philippines, Manila Bulletin, CNN Philippines Life, filipino star, Manila Timeand The daily forum. Kenn now covers all aspects of tech news for iTWire.com.