- FiberCop captured 58% of FTTH net additions in Q3 2024.
- It rolled out FTTH to 2 million more premises after NetCo deal.
What happened: FTTH rollout accelerates
FiberCop shared data from regulator Agcom showing it achieved 58% of Italy’s FTTH net additions in Q3 2024, up from 53% in Q2 2024. The firm attributed this gain to a surge in investment, spending €1.4 billion in H2 2024 after closing the NetCo deal on 1 July 2024, compared with €1 billion in H1 2024. That funding enabled FiberCop to extend full‑fibre services to an additional 2 million premises, reaching 60% of its three‑year coverage target. FiberCop also reported a near‑40% share of active FTTH lines, reflecting its leading position among Italy’s ISPs. Massimo Sarmi, interim CEO and chairman, highlighted “robust financials and significant business achievements” since the company’s April 2021 launch. FiberCop’s network uses passive fibre‑to‑the‑home (FTTH) infrastructure to deliver gigabit speeds and support future digital services. The company is backed by TIM, KKR and Fastweb, with KKR owning 37.5% of equity. FiberCop plans further roll‑out to meet growing demand for reliable broadband across both urban and rural areas.
Also read: FTTH Council highlights challenges with copper network holdouts
Also read: FTTH vs. FTTP: What you need to know before upgrading
Why it’s important
FiberCop’s leading share of FTTH net additions shows how strategic investment can speed fibre adoption. Robust roll‑out to 60% of target premises reflects efficient use of capital and partnerships. High market share in active FTTH lines indicates strong consumer uptake of gigabit services. These deployments support Italy’s digital transition, enabling industries from healthcare to education to use advanced applications. The passive FTTH model reduces maintenance costs and energy use, aiding sustainability goals. FiberCop’s progress may spur competitors and new entrants to accelerate their own roll‑outs, improving national coverage. Regulators can use these performance metrics to assess subsidy needs in underserved areas. For investors and policymakers, FiberCop’s results demonstrate the impact of public–private collaboration, notably TIM’s and KKR’s roles. As online work, streaming and IoT grow, widespread fibre infrastructure will underpin economic resilience. FiberCop’s achievements set a benchmark for future broadband strategies and can guide Europe’s wider drive toward universal gigabit connectivity.
