TIM CEO upbeat on imminent fibre merger despite delays
The boss of Italian telco TIM will soon broker a deal to merge its fibre network assets with those of rival Open Fiber, but admits it has not been smooth sailing.
Telecoms.com
TIM
TIM aims to hammer out single network deal this month
Italian operator group TIM has formally agreed to begin talks with CDP with a view to defining the terms of a merger with Open Fiber by the end of April.
More investors line up for a piece of TIM
TIM has received an approach from CVC Capital partners, which is looking to buy into its enterprise services business.
TIM bids for Italian cloud project as Iliad tears up its mobile market
TIM and its partners have submitted their bid in the tender for Italy’s cloud hub project, and it’s a tender they are likely confident of winning, given that they essentially designed it.
TIM to finally start takeover talks with KKR
TIM has instructed its chairman and chief exec to begin formal talks with KKR on the proposed takeover deal, but this story is a long way from its conclusion still.
KKR still wants TIM, but reportedly drops price
KKR is apparently still interested in acquiring TIM, but has reportedly shaved around a fifth off its original offer price.
TIM splits off network and sells towers
TIM plans to split its business into two separate legal entities, a move that will likely help it fend off a takeover bid from KKR.
TIM is reportedly going to decide on KKR bid by mid-March
A special committee within the artist formerly known as Telecoms Italia is expected to make a call on the KKR takeover bid by mid-March, a source has told Reuters.
Imminent TIM and Open Fiber deal revives hopes of single Italian network
TIM is set to allow Open Fiber to use its ducts and poles to extend fibre broadband to unserved areas of Italy.
New TIM CEO looking into network spin-off
TIM’s broad of directors has charged new chief exec Pietro Labriola with examining options for the future of its infrastructure assets, which could include a network spin-off.
TIM gets new CEO as Italy eyes new telco
The news that Pietro Labriola will be TIM’s new CEO is hardly a surprise, but rumours of M&A in the Italian telecoms market are perhaps more unexpected.
Italian government wants control of TIM’s assets after any takeover
As the KKR takeover bid for Telecom Italia hangs in the air, the Italian government has signalled that it wants to control key strategic assets.
TIM’s former CEO accepts €6.9 million to vacate board seat
Luigi Gubitosi, the ex-CEO of Italian operator group TIM, has been given 6.9 million reasons to step down from its board of directors.
It’s Groundhog Day as TIM issues another profit warning
TIM this week warned that earnings at its domestic business in 2021 will be lower than it had previously forecast.
TIM parts company with two CxOs amid another reshuffle
TIM has lost both its technology and its strategy chiefs and as a result is reshuffling job roles at what is starting to look like a time of growing chaos.
Vivendi reportedly open to state intervention over TIM
The latest twist in the Telecom Italia saga could involve the company going full circle with the Italian state taking back control.
Unions playing an increasing role in European telecoms
Labour unions have once again become pivotal players in the European telecoms sector, involving themselves in M&A and downsizing plans.
TIM CEO steps down to improve chances of acquisition by KKR
Luigi Gubitosi, CEO and GM of the artist formerly known as Telecom Italia, has had his resignation accepted by the TIM board.
TIM CEO reportedly offers to step down to facilitate KKR takeover
The bid by private equity firm KKR to acquire Italian telco group TIM has brought is boardroom battle of wills to a fresh crescendo.
KKR makes €10.8 billion takeover bid for TIM
The stage is set for the next big boardroom battle at Telecom Italia following a surprise offer to buy it.
Events
5G MENA
- 30 May - 01 June 2022
- View Event
MVNOs World & IoT World Connectivity Summit
- 08-09 June 2022
- View Event
The Edge Event
- 15-16 June 2022
- View Event
Loading ...
Ukraine conflict leads to 10% European smartphone shipments fall. The latest European smartphone shipment data from hhttps://t.co/Iy0VCB7FQ2
24 May 2022 @ 16:46:10 UTC
Why 50G PON should be your next PON upgrade. As fiber broadband providers weigh their next steps after deploying 10 hhttps://t.co/b5gbyFcwL6
24 May 2022 @ 15:45:18 UTC
The @telecoms podcast returns this week with special guest Geoff Hollingworth from @RakutenSymphony. Watch or liste hhttps://t.co/WzFrxjV9Jm
24 May 2022 @ 13:02:44 UTC