Telecom Italia (TIM) is open to new business deals once the sale of its fixed-line network NetCo is completed, CEO Pietro Labriola told reporters on a podcast interview for Bloomberg.
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EU expresses wholesale concerns over KKR–Telecom Italia deal
The European Union’s antitrust regulators have begun asking rivals and customers if the acquisition of Telecom Italia (TIM)’s fixed-line network by US investment firm KKR would negatively affect wholesale competition in Italy, according to a Reuters report, citing people familiar with the matter.
Telecom Italia secures €1.5 billion loan before NetCo sale completion
Telecom Italia (TIM) has announced that it has signed a €1.5 billion bridge loan to strengthen its financial position ahead of the sale of its fixed network infrastructure business, NetCo, to KKR and the Italian government for up to €22 billion.
Italian govt ordered to pay Telecom Italia €1bn after 15-year battle
The Italian government had been ordered to pay Telecom Italia (TIM) €1 billion, after the Rome Court of Appeal ruled in favour of TIM regarding a historic license fee dispute.
Telecom Italia approves KKR’s €18.8 billion fixed infra acquisition
On Sunday, Telecom Italia (TIM) approved the sale of its fixed-line network to US-based equity firm KKR for €18.8 billion. The fixed-line business will be spun into a new entity named NetCo.
TIM’s board of directors met from 3–5th November to examine the binding offer that was submitted by KKR back in October. Eleven of the board’s fourteen members approved the acquisition.
Italian operator Telecom Italia activates Open RAN systems in new cities
News Italian operator Telecom Italia (TIM) has announced the activations of its Open Radio Access Network (Open RAN) systems in two new cities of Matera and Turin. TIM had first used Open RAN in Faenza in early 2021.TIM plans to accelerate the development of 5G...
Telecom Italia signs strategic partnership with Google Cloud
The agreement will help Italy’s biggest telco scale up its public, private and hybrid cloud offering to enterprise customers
Telecom Italia names new chairman to steady the ship
The new chairman will be tasked with reuniting a deeply divided boardroom at the Italian telco
Telecom Italia board looks to heal divisions
The companies share price rallied upon news of a potential deal between its two biggest stakeholders
Telecom Italia appoints new chairman for Sparkle
The company has appointed Italy’s former chief of police to head up its board
Telecom Italia backs Gubitosi ahead of boardroom showdown
TIM’s boardroom is currently embroiled in an epic power struggle between two of its biggest shareholders
Italian state lender set to increase Telecom Italia stake to 10%
TIM’s share price rallied on news of the potential investment
Telecom Italia and Qualcomm complete Europe’s first 5G NR video call
TIM also unveiled its new 5G Innovation Hub, which will aim to streamline commercial 5G rollout across the country
Telecom Italia to sell off non-core assets to raise funds for 5G
Telecom Italia was recently saw control of its boardroom wrested away from its former biggest shareholder Vivendi, in favour of a new group headed up by activist investor Elliott Management
Vivendi denies wielding control over Telecom Italia
French media conglomerate says it can’t influence outcome of shareholder meetings.
Telecom Italia heads for rural fibre showdown with govt
Incumbent presses ahead with network deployment despite development minister warning it could damage public interest.
Vivendi becomes Telecom Italia parent as De Puyfontaine is confirmed as chairman
Giuseppe Recchi becomes deputy chairman; Flavio Cattaneo remains chief executive.
Vivendi CEO to be named Telecom Italia chairman
Report claims current chairman Giuseppe Recchi to raise issue of governance with telco’s board.
EC gives Vivendi conditional approval to take control of Telecom Italia
French media conglomerate wins over competition watchdog by agreeing to sell Persidera unit.
Vivendi wins another board game with Telecom Italia
French media group appoints two thirds of Italian incumbent’s directors, but CEO de Puyfontaine misses out on chairmanship.
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