That bit is absolutely true.
I'm not remotely convinced about this bit. I recall seeing Bolognese rods first appearing in the UK shops and angling press. This was shortly after the home nations had their arses handed to them on a deep flowing venue by Italians fishing Bolo style. These rods were long (6m and more), telescopic, ringed (though sparsely as a result of being telescopic) and fitted with a
Fuji plate type reel seat which was whipped on. They certainly weren't just long multi section "Canna Inglesi" (English style rods). They weren't exactly modified poles either, though you could see they were more closely related to poles than they were to UK style float rods.
As an aside, I lived for a few months in a town not a million miles from Bologna (less than 100 miles). Unfortunately, I never got to wet a line myself. However, a deep river ran right through the town so I got to observe locals fishing. To a man, they all used telescopic Bolo rods, of varying lengths and strengths, with reels fitted. I never got to see anyone fishing in any style similar to the UK. However, I have read about a relatively low number of Italian enthusiasts that use and covet UK style rods and brands such as Normark. I suspect that the number of them will be similar to the number of UK anglers that use genuine Bolo rods.