Bloomberg News

Italy Needs to Promote Broadband Expansion, Bernabe Says

November 29, 2011

(Updates with CEO’s comments on labor force in fifth paragraph.)

Nov. 29 (Bloomberg) --Italy’s new government must promote broadband services for the country to bring the use of the technology up to the levels of other European nations, Telecom Italia SpA Chief Executive Officer Franco Bernabe said.

Growth in broadband use in Italy may narrow to 2.5 percent this year from 6.5 percent in 2010, the CEO told a Senate committee in Rome today.

“At that pace, Italy can’t overcome the significant delay in broadband penetration built up in regard to other European countries,” he said.

Bernabe said two important trend reversals occurred in the third quarter of the year.

“There was less demand for access to fixed-line by alternative operators, and on the other side there were overall fewer broadband lines,” Bernabe said. This means “that all operators are going to have to cut their labor force.”

--Editors: David Risser, Robert Valpuesta

To contact the reporter on this story: Chiara Vasarri in Milan at cvasarri@bloomberg.net

To contact the editor responsible for this story: Andrew Davis at abdavis@bloomberg.net


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