UPDATE 1-Utility Enel considers joining Italy's broadband market

April 13, 2015 6:04 PM

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MILAN, April 13 (Reuters) - Italy's biggest utility Enel is considering entering the broadband telecommunications market, three sources close to the matter said on Monday, as the government looks to kick start a 12 billion euro ($12.7 billion) plan to roll out fast networks across the country.

The sources did not disclose a figure, but said it was unlikely debt-laden Enel would put money into laying fibre cables. It could instead provide lines and cabinets from its nation-wide power distribution network as well as technology.

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