Fibercop CEO Denounces State Aid to Open Fiber, Threatens EU Complaint
Fibercop CEO Denounces State Aid to Open Fiber, Threatens EU Complaint Fibercop CEO Denounces State Aid to Open Fiber, Threatens EU Complaint June 27, 2025 | TalkNation Technology Massimo Sarmi, CEO of Fibercop—the company managing TIM's former fixed network and recently acquired by KKR (with the Italian Ministry of Economy and Finance holding a 16% stake)—has sent a formal letter to several government officials denouncing “state aid” allegedly granted to Open Fiber. The letter warns about a planned “notification to the European Commission” concerning the €660 million public contribution assigned to Open Fiber to rebalance concessions in white areas (rural and underserved zones). According to Fibercop, this aid “distorts competition conditions in the national ultra-broadband infrastructure market.” The funds were allocated under a concession agreement to help Open Fiber stabilize its economic and financia...