Categories: Social Media News

China’s Huawei Inks Strategic Partnership Agreement with Italy’s Fastweb

Chinese telecom equipment maker Huawei has signed a strategic partnership agreement with Italy’s Fastweb to jointly build next-generation ultrafast broadband networks and research advanced technologies.

Fastweb, a subsidiary of Swisscom, plans to invest EUR2 billion for technology innovation and development within the next four years. According to its plan, Fastweb expects to provide ultrafast broadband access for 5.5 million households and businesses at the end of 2014, covering 20% of Italian population. Based on Fastweb’s strategy, the company will build 100 Mbit/s ultrafast broadband networks that uses copper-based vectoring technology and a “fiber to the curb” solution.

Huawei’s node level vectoring solution can help Fastweb to accomplish this target. This solution provides vectoring for different devices located at the same site, ensuring ultrafast bandwidths accessible for all users while meeting regulatory compliance in terms of copper access.

Alberto Calcagno, general manager of Fastweb, said that the cooperation with Huawei will bring new technological solutions in order to provide a growing speed on their networks. By 2014, it will reach 20% of the population with a network that supports up to 100M. In the second phase of the project, they will implement new technologies that will extend up to 10 times the bandwidth using the existing infrastructure.

Roberto Loiola, vice president of Huawei Western Europe, said that the company will continue and strongly reaffirm its commitment in Italy. This agreement is another important example of investment in the technological excellence for the country. The availability of ultrafast telecommunications infrastructures, that are to be adequate to the top countries of the world, is a pre-requisite for the growth of Italy.

Social Media Asia Editor

Recent News

India and China use illegal funds and disinformation to sway politicians, CSIS report says

Open this photo in gallery:NDP MP Jenny Kwan appears as a witness at the Foreign…

1 day ago

Mossad’s ‘unheard of’ pager attacks leave trail through Taiwan, Hungary and the Middle East

Mehul Srivastava, Kathrin Hille and Marton DunaiSep 19, 2024 – 10.02amSubscribe to gift this articleGift…

1 day ago

Historic Sumatra Squall Hits Singapore, Uproots Over 300 Trees

Gusty winds brought about by a Sumatra squall from the Strait of Malacca hit Singapore…

1 day ago

More Sunda pangolins venturing out of S’pore forests, but many wind up dead or in need of rescue

SINGAPORE – They are one of Singapore’s rarest animals, favouring forested areas and moving around…

1 day ago

Coronation Street confirms return of soap legend

Coronation Street has announced that Weatherfield stalwart Eileen Grimshaw, portrayed by Sue Cleaver since 2000,…

1 day ago

AOC accuses Israel of violating international law after page attack targeting Hezbollah

Progressive “Squad” member Rep. Alexandria Ocasio-Cortez whined about the pager attack targeting Iran-backed Hezbollah terrorists…

1 day ago