Italy’s CDP group asks for more time to seal network deal
Italian state investment giant CDP and its partners are asking Telecom Italia (TIM) for an extension to put together an offer to buy its network assets.
CDP and its partners have asked for more time to clinch a deal to buy TIM's network assets, according to a report in Reuters. The request will ... Read more
Italy’s Colao open to single network if competition is maintained
The merger of two national telecom providers could be greenlit if competition is preserved, he says.
Italy wants a stronger national telecoms network, Vittorio Colao said on Saturday. The Innovation Minister added this could be achieved by merging Telecom Italia (TIM) and Open Fiber assets under... Read more
Telecom Italia seeks €25 billion valuation
The valuation is critical to the group's strategic aim to restructure its operations.
Telecom Italia (TIM) is looking to obtain a valuation of at least €25 billion for its grid under a plan to separate fixed-line assets from its services arm, according to a report in Reuters.
In May, source... Read more
Telecom Italia wants 20 billion euros for its land line network
The funds will be used to reduce the group's massive debt.
Telecom Italia SpA is seeking an enterprise value of around 20 billion euros ($21.5 billion) for the landline network it plans to sell to Italy’s state lender (CDP) and a group of international funds, according to reporting by Bloomber... Read more
TIM and CDP agree a single network plan for Italy
The national telecom provider and the Italian state investment agency have agreed to combine networks.
Telecom Italia (TIM) and Italian state investor CDP have signed a preliminary agreement to combine the phone group's fixed network assets with those of state-owned broadband rival Open Fiber, a... Read more