Telecom Italia (TIM) has submitted a non-binding offer for BT's remaining operations in Italy, aiming to secure around €100 million ($110 million) from the seller to acquire the assets.
The CEO of Virgin Media O2 (VMO2), Lutz Schüle, has revealed the telecoms giant is open to bringing in an investor for a stake in in the fixed NetCo, it is in the process of creating.
The CEO of BT's consumer division, Marc Allera has acknowledged that the initial launch of 5G did not meet customer expectations, citing a lack of fulfilment of the high hopes set at the technology's debut.
