Italy working on legislative proposal to create single network company - sources

MILAN (Reuters) - Italy is working on a legislative proposal to create a single broadband network company, two sources familiar with the matter said on Sunday, in a move that would put pressure on Telecom Italia and Open Fiber to merge their infrastructures. Open Fiber, owned by state-controlled utility Enel and state lender CDP, has been rolling out a fibre optic network across Italy, in direct competition with Italy's biggest phone group Telecom Italia (TIM). Industry experts have warned..