Vivendi CEO Arnaud De Puyfontaine has tendered his resignation from TIM’s board of directors, a move that could help smooth the way for some sort of resolution in Italy’s ongoing high-speed network debacle.
The Italian government this week made it clear that having a publicly-owned high-speed network covering the whole country is its end-goal, not necessarily bringing together the existing infrastructure into one single network.
KKR and Iliad are among those interested in making a bid for TIM’s network assets, it emerged in recent days, with the former purportedly keen to broker a deal by partnering with the Italian government.
The Italian government has formally brought to a close the long-running plan to create a single fixed network from TIM’s assets and those of Open Fiber, but the story does not end there.
Ericsson’s dual-mode 5G Core will allow TIM to modernize its current Evolved Packet Core and introduce 5G Standalone in a cloud-native platform, we’re told.
TIM this week announced the resignation of board member Frank Cadoret, a snippet of information that once again called into question the lack of harmony in its governance.
The Italian Industry Minister has apparently said the privatisation of Telecom Italia was a mistake and wants to at least partially reverse it.
Two major European telecoms operators gave industry watchers cause for optimism with their quarterly results announcements this week, reflecting a broader trend across the continent.
TIM, Cassa Depositi e Prestiti (CDP) and the various other stakeholders in the Italian single network project have signed an addendum to their five-month-old MoU which both amends it and removes the exclusivity clause.
Italy’s plan to create a single high-speed fixed network by merging TIM’s assets with those of Open Fiber is now unlikely to come together in its current form.
With the Italian election now over, Cassa Depositi e Prestiti (CDP) is putting together an offer for TIM’s fixed network assets that will land in the next couple of weeks.
Italian operator TIM has thrown its hat into the ring with the European Green Digital Coalition, which purports to have the aim of ‘harnessing the potential of digital solutions to enable the green transformation.’
Italian operator group TIM will have to wait longer for some clarity on its future, with any major moves likely on hold until after the country’s general election later this month.
Having made a statement earlier in the week insisting network chief Stefano Siragusa was not leaving over internal disagreements, Italian operator TIM has announced today he is leaving ‘by mutual agreement.’
Italian telco TIM released a statement following rumours that its Chief Infrastructure Officer Stefano Siragusa is about to exit the firm due to disagreements.
Private equity firm CVC Capital Partners has dismissed media reports that it has made an increased offer for TIM’s enterprise business.
TIM has outlined more detailed plans to split its network operations from its services business, confirming recent reports that around half of its debt will go with the NetCo unit.
It looks like Italian operator group TIM expects its restructure to be close to a 50-50 split of staff and debt into the resulting new companies.
A consortium made up of Fastweb and hosting specialist Aruba has won the tender for the Italian cloud project, but rival bidder TIM still has a chance to match its offer.
Italian operator Tim, kit vendor Ericsson and automation/robotics firm Comau promise ‘innovative solutions for Industry 4.0 and smart manufacturing’ thanks to some 5G network slicing.
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The global market for radio access networks (#RAN) is no longer growing, and may even decline over the next five ye hhttps://t.co/bfsj6XzfC1
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