Fastweb (telecommunications company)

FASTWEB S.p.A. is an Italian telecommunications company that provides landline, broadband Internet and digital television services. Fastweb is also one of the prominent companies in Italy providing FTTH connections. Fastweb is fully owned by the Swiss telecommunication company Swisscom.

In May 2007, the Swiss telecommunications company Swisscom paid 3 billion euros for 82.4% of Fastweb. Swisscom subsequently bought out the minority shareholders after making a voluntary tender offer in September 2010. Therefore Fastweb has been delisted from Borsa Italiana.

Network & services

Since 1999, the year it was established in Milan, Fastweb has invested over €5 billion in a new-generation Optical Fiber Network spanning more than 32,000 km. By implementing the internet protocol on its alternative Optical Fiber Network, Fastweb provides a Triple-Play Offer of Landline, Internet and Television services, available simultaneously on a single connection, for residential and business clients. Today the Fiber Network of Fastweb is the most extended in Europe.