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Telecommunications

Italy

Due to its emphasis on innovation, the telecommunications sector has remained relatively stable throughout the ongoing economic crisis, with largely steady growth in recent years. However, the telecommunications market has always been volatile, so before investing capital, it is important to carry out a detailed analysis of both the standing of the business in question and the market forecast for the coming years.

The telecoms sector is attracting increasing attention in Italy. With the so-called Decreto Sviluppo 2.0, the government has adopted legislation supporting innovative start-ups and certified incubators. The new law aims to promote sustainable growth, technological development and new entrepreneurship and employment, which would be particularly beneficial for telecoms operators and investors.

GARR-X (the Italian University and Research Network) is the first next-generation network to be released in Italy. The new network was launched by the Ministry of Education, Universities and Research. It will allow Italian researchers to connect with the wider community of international researchers. This is a first, significant step towards digital innovation in the context of schools, universities and research.

'Crescita 2.0' is the body of rules comprising the second Growth Decree that was proposed by the minister for economic development, infrastructure and transport and recently approved by the Council of Ministers. The decree aims to make Italy a place where innovation is the driving force behind sustainable growth and one of the key factors of its industrial competitiveness.

The creation of the Digital Agency for Italy is a key step towards a governance framework for the digital agenda. However, it is only part of a development programme which will have an impact on Italy's telecommunications industry and infrastructure. Among other things, the prime minister and EU minister are seeking a partial exemption for broadband investments from Italy's deficit and fiscal compact arrangements.

Telecommunications companies have long been waiting for a credible strategy to support digital innovation in Italy. The news that the Monti government is accelerating the implementation of Italy's digital agenda, through its approval of a new working group, gives them good reason to hope for a more positive future.

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