• FiberCop reaffirms its role as Italy’s leading strategic digital infrastructure and its major contribution to connectivity, which is more than just technology, it is a driver of economic, social and civic progress in Italy
• Strategy to complete the FTTH roll-out plan – both in NRRP areas and in autonomous regions – is confirmed, in line with roadmap and budget
• Street numbers included in the scheme will be spread across the whole country, adding to the 1.2 million already connected by FiberCop under previous National Recovery and Resilience Plan (NRRP) projects
• FiberCop’s capex expected not to exceed 300 million euros, net of expected public grants

Rome, 3^rd July 2026 –  FiberCop, Italy’s digital strategic infrastructure for Italy’s future, has been awarded with the competitive tender process from the National Connectivity Fund (Fondo Nazionale per la Connettività – FNC) in which the company resulted as the sole bidder.

The National Connectivity Fund is a strategic initiative financed by the Department for Digital Transformation of the Presidency of the Council of Ministers, dedicated to strengthening ultra-broadband infrastructure throughout the national territory. Invitalia, the implementation body, acts as the implementing partner pursuant to the Implementation Agreement signed with the Department.

The National Connectivity Fund – which falls under the National Recovery and Resilience Plan (NRRP) – aims at bridging the digital divide in Italy through incentives to develop fixed ultra-broadband networks with speeds of at least 1 Gbit/s for downloads and 200 Mbit/s for uploads. The FNC grants will cover up to 70% of the total eligible capital expenditure.

The contract awarded to FiberCop covers over 477,000 street numbers (equivalent to around 700,000 Property Units – UIs), to be selected by FiberCop across the whole of Italy and divided into seven geographical lots, for a total projected investment not exceeding 300 million euros, net of the expected grants.

The roll-out to start in the second half of 2026, with a focus on the period 2027–2029, is expected to be completed by the deadline set for June 2030. Income from the grants is expected to be received as the roll-out progresses, with an upfront cash payment to FiberCop as early as 2026.

This further expansion – modest in scale and underpinned by sound strategic and financial rationale – is in line with FiberCop’s previously announced strategy to complete the FTTH roll-out plan in the areas covered by the ‘Piano Italia a 1 Giga’ by mid-2026 and in the autonomous regions by the end of 2027. This strategy remains unchanged and is proceeding according to schedule.

From a financial perspective, given the resulting increase in FiberCop’s non-contestable coverage and the expected grants, winning the FNC tender should have a positive effect on the company’s long-term structural financial indicators, without, however, having a material impact on short-term net Capex guidance, expected financial leverage or on financial policy.

FiberCop is the strategic digital infrastructure for Italy’s future: an enabling platform that brings together innovation, growth and social cohesion. Through a comprehensive, resilient and high-performance network, FiberCop supports the competitiveness of the economy, accelerates the digital transformation of businesses and public administrations, and creates the conditions for the development of new services, technologies and innovation models. At the same time, it helps reduce regional and digital divides, promoting inclusion, access to opportunities and participation. Connectivity is therefore not merely a technological factor, but a driver of economic, social and civic progress for the country.