Telecom Italia
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KKR has agreed to give Italy’s Finance Ministry a stake of around 20% in Telecom Italia’s (TIM) fixed-network unit, also giving it a say in strategic decisions as part of the investment firm’s bid for the operator.
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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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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 has united with two other leading Italian companies and a state bank to claim rights to supply cloud solutions and services to the government.
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The 5G Carmen project, which aims to make cross-border travel easier for drivers through low-latency assisted driving vehicle functions says it has showcased smooth service continuity for drivers.
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Telecom Italia is seeking around US$21.5 billion for its landline network according to reports.
Forthcoming events
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Independent Italian operator TLC Telecomunicazioni is to use FiberCop infrastructure to deliver 1Gbps fibre to the homes of customers in seven towns.
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The board of directors of TIM has told Kohlberg Kravis Roberts (KKR) that it cannot see documents it needs in order to pursue a €10.8 billion takeover bid.
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Italian electricity group Enel has completed the sale of its 50% stake in Italian wholesale operator Open Fiber for €2.73 billion.
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Private equity firms KKR and CVC Capital are reportedly in talks to make a potential joint offer for Italian telco Telecom Italia (TIM).
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KKR has launched a €10.8 billion ($12 billion) takeover bid for Telecom Italia (TIM) in attempt to take the company private.
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Deutsche Telekom, Orange, Telecom Italia (TIM), Telefónica and Vodafone have submitted five recommendations to the European Union (EU) to build an Open RAN ecosystem in Europe.
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Italian investment bank Cassa Depositi e Prestiti (CDP) and Australian private investment company Macquarie are rumoured to secure approval for its Open Fiber deal.
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Customers in remote areas of Italy will be able to connect to TIM’s broadband services from today thanks to a deal with Eutelsat.
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TIM and its Noovle cloud offshoot are to offer multi-cloud services in Italy with Oracle, the companies have announced.
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A Swiss private equity investor is to acquire a 75% stake in Eolo, the Italian fixed wireless company that last week agreed a wholesale deal with TIM.
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Italy’s TIM is to use a community-owned wholesale wireless provider, Eolo, to improve its rural broadband coverage.
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TIM’s new cloud company, Noovle, is partnering with Cisco to develop cloud activities for business and the public sector.
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Italian operator TIM has set up an open RAN test and integration lab in the city of Turin.
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The five giant European mobile operators that are working together on open RAN say they will start large-scale rollout next year.
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Italy appears to be moving away from the idea of a full-blown merger of its fibre infrastructure, led in part by former Vodafone chief Vittorio Colao, who wants to retain competition.
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TIM has deployed its first open RAN network following an agreement between five European operators earlier this year to work together on new network technology.
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The European Union is to support an Italian plan to build ultra-fast networks to the tune of €7 billion, according to unconfirmed reports.
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Carlo Filangieri, the head of wholesale markets at TIM, is to be the CEO of Italy’s last-mile fibre business, FiberCop.
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TIM — the former Telecom Italia — has joined the alliance last month between four giant European groups to work together on open radio access networks (open RANs) for mobile.
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Telcos might give stable returns on long-term infrastructure, but stock markets don’t seem to like the industry, writes Alan Burkitt-Gray. That’s why private equity investors and pension funds are stepping in
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Italian tower company INWIT is to work with TIM – the former Telecom Italia – to install 5G small cells to improve coverage in Italian cities.
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Italy is set to take the next step to creating a unified wholesale fibre network company by the beginning of December.
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Australian bank Macquarie has made a binding €2.65 billion offer for Enel’s 50% stake in Open Fiber, the Italian wholesale fibre company.
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Italian operators have taken the first – and biggest – step to creating a single network delivering fibre to the home (FTTH), to be followed by a later merger to create a national wholesale-only fibre network.