In 2009 Acotel launched an MVNO offer in Italy in the frame of an industrial agreement with the Intesa Sanpaolo banking group, which gave rise to the joint venture, Nòverca Italia.
Economic capital, performance evaluation, and capital adequacy is proceeding from evaluator agency (Sanpaolo-Intesa Bank).
National banks with a presence in Turin include Sanpaolo IMI (now Intesa Sanpaolo) and the Cassa di Risparmio di Torino (now in the UniCredit Group).