PosteMobile, Open Fiber, to launch Italian FTTH

News and Business

Italian MVNO PosteMobile, which is owned by the Italian post office (Poste Italiane) has said it will launch its fibre-to-the-home service in the second half of this year along with energy and payment services. PosteMobile says its aim is to reach 5.1 million mobile and fixed line customers by 2024, and 5.3 million by 2025. After signing deals with Telecom Italia (TIM) and wholesale operator Open Fiber in 2020, Poste Italiane announced at the presentation of its new ‘2024 Sustain & Innovate’ strategic plan that it will be rolling out its inaugural FTTH offer later this year with a view to boosting the cross-selling activity of its Payments and Mobile segment. PosteMobile had around 4.5 million customers at the end of 2020, with revenues of €74 million in the fourth quarter.

Matteo Del Fante, CEO of the Italian Post Office Group, added during a press conference, without indicating the month of landing in the new business, ” To our approximately 5 million PosteMobile customers, we will also be able to offer fibre connection thanks to the agreements with TIM and Open Fiber.”

He added, “We will take advantage of cross-selling and up-selling skills in the Payments and Mobile segment, confirming the leadership in digital payments, introducing the broadband connection offer and entering the energy market in 2022, with a fair offer, competitive and easy to understand. Poste Italiane, therefore, will offer customers new connection services via fibre in FTTP mode and from mid-2022, the new offer of energy services, leveraging an energy-fintech approach.”

For more information, visit www.poste.it