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.
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The new CEO of Telecom Italia Sparkle is Elisabetta Romano, who was appointed to lead TIM’s international arm last night.
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Mario Di Mauro has left Sparkle, where he had been CEO of the Telecom Italia subsidiary.
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TIM’s board has approved a proposal from private equity company KKR to acquire a share in its fixed network – but no final decision will be made before the end of August.
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Telecom Italia (TIM) is to expand its public, private and hybrid cloud services as it prepares to launch a newco dedicated to cloud and edge computing services.
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Italian operator TIM witnessed an increase in net profit of 216% year on year in its full year financial results, along with a 285% increase in cash generation and a €1.8 billion reduction of net financial debt year on year.
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Telecom Italia (TIM) said this morning that it is aiming for €1 billion annual revenues from cloud, edge and other services by 2024 after signing an agreement with Google Cloud.
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TIM has a new chairman, following the resignation of Fulvio Conti last night.
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Elliott Management, the US-activist investor that has been fighting a long-running battle with Vivendi over the future of Telecom Italia, has turned its attention to AT&T.
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TIM’s international arm, Sparkle, has expanded its Latin American reach with a new point of presence (PoP) in Huechuraba, in the northern suburbs of Santiago.
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Nokia has appointed former Telia, TIM and Ericsson executive Gabriela Styf Sjöman as its chief strategy officer.
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Italian state-owned wholesale carrier Infratel has signed an agreement with TIM to give it access to a million homes in 600 towns.
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Swisscom’s Italian fibre company Fastweb is to become the fifth mobile operator in Italy, following government approval.
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An appeal by Telecom Italia (TIM) to the European Court of Justice against the decision to award Open Fiber with a tender to build a national broadband network has been dismissed.
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Capacity has been unable to find any mobile operator around the world that can confirm last week’s report of what was called a global, well orchestrated cyber attack on them.
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Sparkle, the first international service provider in Italy and a global operator, has announced the construction of Nibble, its new ultra-long-haul photonic backbone which will digitally connect Sicily with the major points of presence (PoPs) and data centres in Europe.
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A merger between TIM’s wholesale fibre network in Italy with that of Open Fiber has come a step closer after yesterday’s board meeting of the former Telecom Italia group.
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The board of Telecom Italia is expected tommorow to consider merging its fibre-to-the home (FTTH) operation with that of rival company Open Fiber, according to reports.
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The new chairman of Sparkle, TIM’s international wholesale carrier division, is to be Alessandro Pansa, who spent 43 years in the Italian police, specialising in security.
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Opinion is divided about the implications of Friday’s decision by Vivendi to call an armistice in its battle with Elliott over control of TIM, the former Telecom Italia.
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In a surprise move at TIM’s shareholders’ meeting in Milan today, Vivendi, the biggest shareholder, decided to support Luigi Gubitosi as CEO.
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Rival shareholders in Telecom Italia – now TIM – are meeting today in Milan to decide the future of the troubled company.
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The battle between the two rival shareholders in TIM today reached an extraordinary level of abuse, just over two weeks ahead of the company’s meeting of shareholders.
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Sparkle has replaced Riccardo Delleani as CEO only 11 months after he started the job, and replaced him with Mario Di Mauro, until Friday chief innovation and customer experience officer of parent company TIM.
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Two of Italy’s leading mobile operators, Vodafone and TIM, say they will share active networks for 5G – and might extend the deal to existing 4G services.