Home › Telecom Italia preparing to set up fixed line network newco with KKR - CEO
 

Keywords :   


Telecom Italia preparing to set up fixed line network newco with KKR - CEO

2020-03-12 09:15:00| Telecompaper Headlines

(Telecompaper) Telecom Italia (TIM) is preparing to set up a newco called 'FiberCop' for its fibre and copper last-mile network and sell 40 percent of it to private equity firm KKR, according to CEO Luigi Gubitosi. Speaking after the publication of TIM's full-year results, Gubitosi said the company expects to make decisive progress this year on plans to provide Italy with a nationwide ultra-fast broadband network and confirmed that separate discussions are underway with KKR and wholesale rival Open Fiber, leaving the door open to a "possible convergence" at the end of the process. [ more ]

Tags: set line network fixed

Category:Telecommunications

Latest from this category

All news
10.06Why Cloud Technology Is Essential for Modern Healthcare Operations
06.06AI-Powered Compliance: Unlocking Efficiency and Enhancing Security in the Cloud, including for CMMC
Telecommunications »
11.06Hospeco Introduces Mopster 2.0
11.06Faisal Islam: This is not a quick fix, but that's the point
11.06Eastern North Pacific Tropical Weather Outlook
11.06Atlantic Tropical Weather Outlook
11.06Eastern North Pacific Tropical Weather Outlook
11.06Trump claims rare earths deal "done" with China
11.06Schools, buses, the NHS: How much did they get and what does it mean?
11.06Pacific Coatings Show 2025 Issues Call for Papers
More »