(Telecompaper) Telecom Italia (TIM) and Tiscali have reached a Memorandum of Understanding to define the terms of a strategic partnership that could pave the way for Tiscali's commercial participation in TIM's FiberCop co-investment project. FiberCop is the unit TIM intends to set up with US investment firm KKR that includes its last-mile fibre and copper network as well as the assets of its FlashFiber joint venture with Fastweb.