CDP Equity

TIM begins Open Fiber talks with CDP Equity as KKR bid prospect fades

Telecom Italia (TIM) has revealed that it has signed a non-disclosure agreement with CDP Equity S.p.A. to initiate preliminary discussions about the integration of TIM’s network with the network of Open Fiber, in which CDP Equity holds a 60% stake. “The purpose of the agreement signed today is to start negotiations with the goal of […]

fibre broadband

Telecom Italia agrees to create single national fibre infrastructure

Telecom Italia’s (TIM) board has approved an agreement with private equity outfit KKR Infrastructure and Swisscom-owned service provider Fastweb and a letter of intent with CDP Equity to create a single combined fibre network in Italy. As part of a complex weave of transactions, TIM, KKR Infrastructure and Fastweb will create a new company into […]