Big funds gear up to invest in Italy's broadband champion - sources
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MILAN/LONDON (Reuters) - Some of the world's biggest infrastructure funds including Australia's Macquarie and Singapore's GIC are considering first steps that could lead to them taking part in Italy's plans to create a national fast broadband champion, sources said.Italy is trying to engineer a merger of former phone monopoly Telecom Italia with its smaller rival Open Fiber to create a single ultrafast broadband operator and avoid duplicating investments worth billions of euros.Last month,..