CERNOBBIO, Italy, Oct 15 (Reuters) - FiberCop, the

wholesale-only telecoms network operator controlled by KKR

plans to earmark investments of 12 billion euros ($13.09

billion) in its upcoming five-year business plan, Chief

Executive Luigi Ferraris said on Tuesday.

"We are a working on a five-year plan including investments

of about 12 billion euros", Ferraris said on the sidelines of an

event on the Como Lake.

Spun off from Telecom Italia (TIM) earlier this

year, FiberCop controls the Italian former phone monopoly's

fixed line fibre and copper network.

The Italian government, which holds a minority stake in

FiberCop, is looking to combine FiberCop assets with those of

state-backed rival operator Open Fiber to create a unified

national network operator.

Asked about a combination with Open Fiber, Ferraris said the

company is at present focused on its own business plan, which is

expected to be approved in December.

($1 = 0.9165 euros)