Italy’s CDP decides to compete with KKR to buy TIM’s grid
The Italian state lender is partnering with an Australian fund to challenge KKR's offer.
This week, Italian state lender CDP said its board had approved a non-binding offer for the fixed-line network of former phone monopoly Telecom Italia (TIM), according to Reuters.
CDP has partnered with ... Read more
TIM CEO says EU telecoms sector faces daunting market headwinds
The head of Telecom Italia says the European telcos are facing a "perfect storm" of challenges.
Telecom Italia (TIM) CEO Pietro Labriola raised eyebrows this week while delivering his keynote address at the Mobile World Congress (MWC) in Barcelona. "We are facing a perfect storm,” said the chi... Read more
EU launches study to decide who will pay for Europe’s 5G networks
The European Commission wants to do a study who needs to pay for the 5G networks in Europe. Is that for the telco's or should de big tech players pay for their "fair share". Big question will be, what is "fair"?
This week, Meta and other US tech platforms howled in protest over the European Comm... Read more
‘Italian court upholds nullification of ruling over Vivendi’s control of TIM’
Italy's Supreme Court has upheld a ruling that overturned a market regulator resolution indicating that French media group Vivendi had "de facto" control of Telecom Italia.
In 2017, Italian market regulator Consob ruled that Vivendi, the largest shareholder of Telecom Italia Mobile (TIM), assume... Read more
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
Telecom Italia moves to sell minority stake in its enterprise arm
Telecom Italia hopes to pay off its debts by selling a minority stake in its enterprise arm.
Telecom Italia (TIM) wants to sell a minority share in its enterprise service arm. The step was taken to revamp the biggest phone company in Italy, CEO Pietro Labriola said.
Telecom Italia is under m... 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 secures €725 million tender for 5G rollout
On Monday, the ministry for technology innovation and digital transformation announced that Telecom Italia has won a federal tender for implementing 5G networks.
Telecom Italia is a telecommunications, internet and cloud services provider. Domestic activities include retail and wholesale voice a... 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