TIM
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Telecom Italia would be left with US$7 billion in cash after repaying its debts if it sold its Brazilian unit and its domestic consumer business according to activity investor Merlyn Partners.
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The Canada Pension Plan Investment Board (CPP) has revealed plans to invest up to €2 billion in a 17.5% stake in Telecom Italia (TIM)’s fixed network business.
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The never-ending story of TIM selling its fixed network to KKR took yet another twist yesterday, as the Italian Government made a bid for 100% of TIM’s infrastructure and connectivity business, Sparkle.
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KKR’s massive bid to acquire Telecom Italia’s (TIM) fixed line network for as much as €22 billion has been cleared by the Italian Government, but unhappy shareholder Vivendi could still hold up proceedings.
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Telecom Italia’s (TIM) CEO Pietro Labriola is to propose to directors to seek further improvements of multi-billion-dollar bids for the company’s landline grid, source from Reuters say.
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Telecom Italia (TIM) has approved an €18.8 billion offer for its fixed-line network to US private equity firm KKR.
Forthcoming events
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10 years of cheap money and low inflation is coming to an end. This is having strong effects on the investment and dealmaking environment – no more so than in connectivity, where fixed networks are proving an attractive target, especially as indebted telcos look to raise cash through divestments. Here is a rundown of seven of the most important connectivity and telco deals in Europe this year – what they’re worth, what they involve, and what they mean for the industry.
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TIM’s board of directors, under the chairmanship of Salvatore Rossi, confirms that it has examined the final non-binding offers received for the acquisition of its NetCo company.
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The heavy weights of the global connectivity landscape took to the stage on day 1 of International Telecoms Week, facilitated by the ITW Global Leaders Forum (GLF).
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The European Investment Bank (EIB) has granted TIM a €360 million loan, with a partial SACE guarantee, for the development its 5G network expansion in Italy.
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TIM has grown is presence in the cybersecurity market with the acquisition TS-Way, an Italian company that specialise in prevention and analysis services for cyber threat intelligence.
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Telecom Italia is bracing itself for an improved bid from Cassa Depositi e Prestiti (CDP) for its fixed-line unit.
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Five of Europe’s biggest mobile operators said today that they plan to deploy open RAN networks from 2025, following trials.
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TIM had “better-than-expected results” for 2022, the former Telecom Italia said last night.
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TIM confirms that it has received a non-binding offer for a stake in its fixed-line network from US investment firm KKR.
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TIM has agreed a partnership with AST SpaceMobile with the aim to increase the scope of mobile connectivity and bring 4G coverage to remote areas in Brazil.
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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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Ericsson has been selected by TIM to provide its 5G network core.
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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 is wanting to stimulate innovative solutions for smart cities by running a competition to identify the best solutions for the cities of the future.
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The Telecom Infra Project (TIP) has established an open fixed access networks subgroup, which is a collaboration between major industry players across telecoms including Telefonica, TIM and Vodafone.
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A group of 16 telcos have called on Big Tech to share the costs of telecom networks citing the rising costs associated with energy crisis and EU climate goals.
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TIM, the former Telecom Italia, has given Elisabetta Romano, CEO of its international arm, Sparkle, an extra job.
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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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Telecom Italia is reportedly ready to part ways with its fixed network assets as it looks to cut its substantial debt.
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Ericsson and Telecom Italia (TIM) have successfully tested 5G network slicing at Comau’s headquarters in Turin, Italy.
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Google confirms the opening of its new Google Cloud region in Milan, in partnership with TIM.
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Telecom Italia is seeking around US$21.5 billion for its landline network according to reports.
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Telecom Italia (TIM) has signed an agreement with state investor CDP to combine its fixed network assets with Open Fiber.
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Sparkle, the international operations unit of TIM, has set up its first point of presence (PoP) in Warsaw, the capital of Poland.