The Fund's entry into telecommunications dates back to 2011 with the investment in Metroweb and the subsequent commitment to the development of its fiber optic infrastructure. After the sale of the company in 2016, F2i has maintained and renewed its commitment in the telecommunications sector by creating Irideos, a national operator, sold in 2022, specialized in broadband infrastructure services, equipped with a national fiber optic network of over 30,000 km. center in Milan, Rome, Trento and Verona and the largest Italian Internet hub.

Since 2018 F2i has been the controlling shareholder of Ei Towers, the first independent operator in Italy in the management of radio and TV infrastructures with 2,482 broadcasting towers.