Telecom Italia

TIM launches NetCo division following sale to KKR

Telecom Italia (TIM) has launched NetCo, the business unit that will be contributed to FiberCop at the closing of the transaction for the sale of the fixed network to the US-based private equity investor KKR which is expected in the summer of 2024. TIM’s board approved KKR’s offer to acquire its fixed network, which gives […]

Vivendi reacts with fury to TIM network sale to KKR

Vivendi has reacted furiously to Telecom Italia’s (TIM) board’s decision to accept an offer from private equity outfit KKR for TIM’s Italian fixed network. In a strongly worded statement, Vivendi, a major shareholder in the Italian telco, said that “shareholders’ rights have been trampled on” by a deal was approved without informing and requesting a […]

KKR asks TIM to extend deadline for NetCo bid

The US-based private equity investor KKR has requested Telecom Italia (TIM) to extend the September 30 deadline to submit a binding offer for the sale of the company’s fixed-line network assets. The teclo revealed the investment company asked to extend the deadline period to 15 October to conclude the reparatory activities before it submits the […]

Telecom Italia receives two new bids for Netco

Telecom Italia (TIM) has announced it has received two new non-binding offers for the acquisition of its infrastructure arm Netco. In an official statement the company said the two bids were “submitted by the consortium formed by CdP Equity S.p.A. and Macquarie Infrastructure and Real Assets (Europe) Limited, acting on behalf of a group of investment […]

CdP teams up with Macquarie for rival TIM infrastructure bid

Telecom Italia (TIM) it has received a non-binding offer from a consortium formed by Cassa Depositi e Prestiti (CdP Equity) and Macquarie Infrastructure for the purchase of 100% of the company to be set up for the management and infrastructure of TIM’s fixed network. The bid includes the assets and activities of last-mile infrastructure outfit […]

KKR makes a bid for Telecom Italia

US-based investment company KKR has made a new non-bidding offer to take Telecom Italia (TIM). The undisclosed offer is for a purchase of a stake in the company that matches with the fixed-line network management and infrastructure perimeter, including FiberCop’s assets and activities, as well as the stake in Sparkle known as “Netco”. TIM, Italy’s biggest telecommunications services […]

Vivendi’s De Puyfontaine quits TIM board

Vivendi chief executive Arnaud De Puyfontaine has resigned his position as a member of the board of Telecom Italia (TIM), with immediate effect. De Puyfontaine said that, in this phase of constructive dialogue between TIM’s main shareholders and the Institutions, under the new government’s leadership, it was fundamental that all the relevant parties may be […]

Sky Italia and DAZN forge streaming and TV partnership

Pay TV giant Sky and sports streamer DAZN have signed an agreement in Italy that makes DAZN’s app available on Sky Q from August 8. The deal will also allow Sky subscribers to access the Zona DAZN channel via the Sky decoder for a special rate, offering seven DAZN exclusive Serie A TIM matches per round and a selection […]

TIM signs new agreement with Open Fiber

Telecom Italia (TIM) has signed a new agreement with fibre operators Open Fiber that allows for the reuse network infrastructure in ‘white areas’, where the development of fibre has been financed by public expenditure. TIM said the agreement marked the beginning of a new phase in the relations between the main Italian infrastructure operators, and […]

Iliad Telecom reportedly interested in TIM services arm bid

Xavier Niel’s Iliad Telecom is interested in making a bid for the services division of Telecom Italia (TIM), according to various Italian press reports. The reports suggest that Iliad, already a player in the Italian market with a base of around 8.5 million mobile users, could team up with private equity outfit Apax to launch […]

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