TIM
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Sparkle has penned an agreement with the National Institute of Geophysics and Volcanology (INGV) to allow the research institute to see if its subsea fibre optic cables can help detect seismic events. -
Telecom Italia (TIM) has distanced itself from the staff members currently being investigated by the Rome Public Prosecutor's Office for alleged bribery charges.
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Telecom Italia (TIM) confirmed it has received a €700 million bid from Italy’s Ministry of Economy and Finance and Asterion subsidiary Retelit to purchase Sparkle.
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Italy’s incumbent telco Telecom Italia (TIM) has completed the sale of its fixed-line business to private equity giant KKR.
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KKR has secured EU antitrust approval for its acquisition of Telecom Italia’s (TIM) fixed-line network worth around US$24 billion.
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Telecom Italia (TIM) CEO Pietro Labriola is nearing a second term at the operator after a shareholder vote that is set to be held today.
Forthcoming events
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Telecom Italia would be left with US$7 billion in cash after repaying its debts if it sold its Brazilian unit and its domestic consumer business according to activity investor Merlyn Partners.
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The Canada Pension Plan Investment Board (CPP) has revealed plans to invest up to €2 billion in a 17.5% stake in Telecom Italia (TIM)’s fixed network business.
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The never-ending story of TIM selling its fixed network to KKR took yet another twist yesterday, as the Italian Government made a bid for 100% of TIM’s infrastructure and connectivity business, Sparkle.
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KKR’s massive bid to acquire Telecom Italia’s (TIM) fixed line network for as much as €22 billion has been cleared by the Italian Government, but unhappy shareholder Vivendi could still hold up proceedings.
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Telecom Italia’s (TIM) CEO Pietro Labriola is to propose to directors to seek further improvements of multi-billion-dollar bids for the company’s landline grid, source from Reuters say.
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Telecom Italia (TIM) has approved an €18.8 billion offer for its fixed-line network to US private equity firm KKR.
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10 years of cheap money and low inflation is coming to an end. This is having strong effects on the investment and dealmaking environment – no more so than in connectivity, where fixed networks are proving an attractive target, especially as indebted telcos look to raise cash through divestments. Here is a rundown of seven of the most important connectivity and telco deals in Europe this year – what they’re worth, what they involve, and what they mean for the industry.
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TIM’s board of directors, under the chairmanship of Salvatore Rossi, confirms that it has examined the final non-binding offers received for the acquisition of its NetCo company.
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The heavy weights of the global connectivity landscape took to the stage on day 1 of International Telecoms Week, facilitated by the ITW Global Leaders Forum (GLF).
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The European Investment Bank (EIB) has granted TIM a €360 million loan, with a partial SACE guarantee, for the development its 5G network expansion in Italy.
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TIM has grown is presence in the cybersecurity market with the acquisition TS-Way, an Italian company that specialise in prevention and analysis services for cyber threat intelligence.
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Telecom Italia is bracing itself for an improved bid from Cassa Depositi e Prestiti (CDP) for its fixed-line unit.
