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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.

Tags: set line network fixed

 

International Conference on Pig Survivability set for October 2020

2020-03-10 11:35:00| ThePigSite - Industry News

The International Conference on Pig Survivability is planned for 28 and 29 October in Omaha, Nebraska, at the Hilton Omaha.

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Indie Beauty Expos Best In Show Set

2020-03-09 15:08:00| Happi Breaking News

Limited-edition collection is almost sold out.

Tags: show set beauty indie

 

IEA: Global Oil Demand Set For First Contraction Since 2009

2020-03-09 13:45:00| OGI

The downward revision came as oil prices dropped as much as third in their biggest one-day fall since the 1991 Gulf War.

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British Steel: Takeover set to be completed

2020-03-09 00:59:23| BBC News | Business | UK Edition

The Chinese Jingye Group has said that the 50m takeover is due to be completed on Monday.

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