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Italy’s Fastweb to shut down its IPTV service this year

UPDATED 16:11 GMT: Italian telco Fastweb is planning to close down its IPTV service by November of this year due to poor customer take-up, according to local reports.

Local news source Il Sole 24 Ore states that letters have already been sent out to the service’s subscribers advising them of the closure.

Fastweb launched its IPTV service back in 2001, going on to reach 240,000 subscribers by the end of September 2011.

‘TV di Fastweb’ features branded portals from Warner Bros International, Disney-ABC and Sony Pictures Television International, and offers more than 15,000 on-demand titles, as well as the Mediaset Premium channels.

It began HD broadcasts in late-2006, and launched its HD on-demand service ‘Prima Visione VOD’ in September 2007, available to customers connected via ADSL2+ or fibre-to-the-home.

The company signed an agreement with Sky Italia at the beginning of last year to bundle Sky’s satellite television offering with Fastweb’s broadband package.

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