TIM
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Vivendi has agreed to sell a 15% stake in Telecom Italia (TIM) to the Italian postal service provider, Poste Italiane, in a deal worth around €684 million.
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The Italian state will retain a 70% stake in subsea firm Sparkle after Telecom Italia signed off on the €700 million (USD$733 million) acquisition bid from Italy’s Ministry of Economy and Finance and Asterion subsidiary Retelit.
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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.
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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.
Forthcoming events
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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.
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Five of Europe’s biggest mobile operators said today that they plan to deploy open RAN networks from 2025, following trials.
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TIM had “better-than-expected results” for 2022, the former Telecom Italia said last night.
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TIM confirms that it has received a non-binding offer for a stake in its fixed-line network from US investment firm KKR.
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TIM has agreed a partnership with AST SpaceMobile with the aim to increase the scope of mobile connectivity and bring 4G coverage to remote areas in Brazil.
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Sparkle has launched its enterprise voice suite, described as a comprehensive set of global telephony services for business customers with multinational needs.
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Ericsson has been selected by TIM to provide its 5G network core.
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Sparkle, the international wholesale arm of TIM, has a new CEO. Enrico Maria Bagnasco takes over from Elisabetta Romano, though Romano “maintains her role as board director”, said Sparkle last night.
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TIM is wanting to stimulate innovative solutions for smart cities by running a competition to identify the best solutions for the cities of the future.
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The Telecom Infra Project (TIP) has established an open fixed access networks subgroup, which is a collaboration between major industry players across telecoms including Telefonica, TIM and Vodafone.
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A group of 16 telcos have called on Big Tech to share the costs of telecom networks citing the rising costs associated with energy crisis and EU climate goals.