TE Connectivity completed the sale of its broadband-networks business to CommScope Holding Co. for about US$3 billion. TE Connectivity’s product portfolio is focused on connectors and sensors that are made to withstand harsh environments. The company operates three primary segments: TE Connectivity’s Communications Solutions segment supplies electronic components for home appliances, including products for washers, dryers, refrigerators, air conditioners, dishwashers, cooking appliances, water heaters, and microwaves. TE delivers connectivity solutions for the Internet of Things, virtual reality applications, smart phones, tablets and anywhere customers need solutions for data and devices, including networking equipment and wireless infrastructure. The Transportation segment includes four business
Internet in Italy Italia plans to connect 138 cities by 2018. The government has also started the Italia Digitale project, which aims to provide at least 50% of Italians with high-speed internet access by 2020. The government aims to extend the fibre-optic network to rural areas. While ADSL2+ with speeds up to 20/1 Mbit/s is still the most widely common subscription available in Italy, the main telephone company in the country (TIM or Telecom Italia) is investing 12 billion € in the period of 2016-2018, with the aim of reaching 84% of the homes with broadband connection (100 Mbit/s) before the end of