In a stock market filing the Italian incumbent said that it and KKR have agreed to close the NetCo deal on 1 July. The pair have been shooting for a summer completion date since they agreed terms of ...

Telecom Italia (TIM) has announced the implementation of its long-awaited NetCo, the business unit for its fixed line network, which was sold to KKR for €28.8 billion earlier this month. According to ...

Following the announcement on June 24th, Telecom Italia Mobile (TIM) has confirmed the completion of the sale of NetCo to Kohlberg Kravis Roberts (KKR), via the transfer to FiberCop (a 58 per cent ...

KKR wants more time to submit a final offer for TIM’s networks business, leaving the Italian incumbent facing yet another delay in the sale process. To the untrained eye that could look like bad news.

Investment firm F2i has confirmed plans to invest €1 billion ($1.09bn) in Telecom Italia (TIM)’s NetCo, for a 10 percent stake in the newly spun-off business. In doing so, F2i joins the Ministry of ...

The Italian operator is going through a major reshuffle that will also include thousands job cuts to their domestic workforce At the start of this year, in an effort to revitalise TIM’s lacklustre ...

Telecom Italia (TIM) plans to shift about 21,000 workers, or nearly half of its 42,500 staff in Italy, into a network company it intends to create as part of its restructuring plan, two sources ...