MILAN, June 10 (Reuters) - The head of broadband network company Open Fiber said on Friday a binding deal on the single network project with rival Telecom Italia (TIM) TLIT.MI could be reached by Oct. 31 "if all players show willingness".
Speaking at a news conference, chief executive Mario Rossetti also said the company's business plan -- which will be updated after the summer to include commercial grey areas -- was currently not affected by the memorandum of understanding on the single network project signed with TIM.
TIM and Open Fiber's top investor, state lender CDP - which also has a 10% stake in TIM - are in talks to clinch a preliminary agreement to merge the former phone monopoly's network infrastructure with those of state-backed rival.
News: MQG Open Fiber CEO sees possible binding deal on single network project by Oct 31
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