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Telecom Italia agrees to take on KKR as partner to roll out national fibre network

2020-02-28 09:13:00| Telecompaper Headlines

(Telecompaper) Telecom Italia (TIM) has selected US private equity firm KKR as an "exclusive partner" to help it roll out fibre-optic networks throughout Italy, confirming earlier reports. In a statement, the operator said its board had taken positive note of a non-binding proposal by KKR following a meeting to discuss the merger of its fibre-optic assets with those of wholesale rival Open Fiber. [ more ]

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