TIM CEO Gubitosi resigns 

Luigi Gubitosi has resigned as CEO of Telecom Italia (TIM) following a takeover attempt from a US investment group. Gubitosi is the fourth CEO to leave TIM in the past six years. Last week, TIM received a €10.8 billion takeover offer from US-based investment company KKR at a time of major financial difficulty for the […]

TIM receives €10.8 billion takeover offer from KKR

US-based investment company KKR has made an offer to take Telecom Italia (TIM) private for €10.8 billion. The move comes at a time when TIM is facing serious financial difficulties, having issued two profit warnings within three months. The difficulties have led top investor Vivendi to increase pressure on TIM CEO Luigi Gubitosi, who is […]

TIM launches all-in-one streaming package

Telecom Italia (TIM) has launched a new all-in-one TV package combining Mediaset’s Infinity+ streaming service with Disney+, Netflix and DAZN, which holds rights to Serie A football. The new offering, TIMVision Gold, will be available at a promotional price of €29.99 a month until November 15, after which it will revert to the full price […]

TIM profits fall 

Telecom Italia (TIM) has seen its Q2 profits fall by 7.4%, the operator has said. The decline was attributed to losses in key domestic markets, while core domestic revenues fell 1% year-on-year to €3.13 billion. This was slightly above the analyst predictions of €3.11 billion euros. The operator’s EBITDA after lease costs fell to €1.43 […]

TIM ups guidance following controversial DAZN deal

While its deal with DAZN continues to be contested by its rival telcos, Telecom Italia (TIM) has increased its revenue guidance. In a statement published online, TIM said that the agreement with DAZN “implies an acceleration” of its forecasted revenue in 2022-23 to mid-single digit growth, compared to previous guidance of low single digit growth.  […]

Watchdog opens investigation into DAZN-TIM deal

Italy’s antitrust regulator has opened a formal probe into the deal between DAZN and TIM. Announced prior to DAZN’s ‘historic’ Serie A rights win, the deal with TIM provides the operator with exclusive access to the streamer as the only telco that can offer its customers a subscription.  The deal has been met by resistance […]

Sky Italia pens official complaint to Italian watchdog over DAZN-TIM deal

Sky Italia has launched a formal antitrust challenge to the deal between DAZN and Telecom Italia (TIM). DAZN secured a ‘historic’ rights deal with Italy’s Serie A earlier this year, with the sports streamer agreeing a distribution partnership with TIM. Reuters reports that TIM would cover more than 40% of the annual payments that DAZN […]

TIM tests satellite internet service to overcome Italy’s digital divide

Italian operator TIM has launched a test of a satellite internet service. The service, utilising Eutelsat’s Konnect satellite, promises to offer TIM landline customers fast internet connectivity even if they are out of the broadband and ultrabroadband network. Italy is notorious for its awkward broadband coverage in rural areas, with the country’s geography often making […]

No plans for Serie A Sky sublicencing deal, says DAZN

Following its historic rights win in Italy, DAZN has reportedly ruled out a Serie A sublicensing deal with Sky. In comments to Il Sole 24 Ore, DAZN’s chief customer and innovation officer Veronica Diquattro said: “We were competitors until the other night. There are no conversations in progress.” Sky is currently the primary rights holder […]

DAZN hails ‘historic’ Serie A rights agreement

Sports streamer DAZN has confirmed the acquisition of Serie A’s domestic rights in Italy. The rights deals is one of the biggest in DAZN’s history, with the London-based company playing a reported €2.5 billion for the three-year contract. DAZN will exclusively carry seven out of ten fixtures per match week from 2021-24 – a total […]

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