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Claro, TIM and Telefonica confirm takeover of Oi Movel for BRL 16.5 billion
2020-12-15 10:34:00| Telecompaper Headlines
(Telecompaper) The joint bid of TIM Brasil, Telefonica Brasil and Claro Brasil for Oi's mobile business has been declared the winner, with an offer of BRL 16.5 billion (EUR 2.7 billion). The three rivals increased their bid in July and entered exclusive talks with Oi in August. No higher bidders appear to have emerged, allowing the three companies to divide up the business amongst themselves.
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TIM signs deal to acquire two BT Italia business-focused units
2020-12-10 11:31:00| Telecompaper Headlines
(Telecompaper) Telecom Italia (TIM) has signed a preliminary agreement to acquire two separate BT business units in Italy serving the Public Administration (PA) and SME sectors for an undisclosed sum. BT Italia's PA Business Unit provides communication services to a number of ministries and agencies of the national government, as well as regional and local governments, while the SME Business Unit offers connectivity and cloud services to small and medium enterprises throughout Italy. The deal also includes customer support for the SME unit, delivered by BT's Palermo contact centre, said the companies, adding that the two units generated revenues of around EUR 90 million during the fiscal year ending in March 2020.
Forty Under 40: Tim Krebs, Dynacloud.IO
2020-12-09 11:30:00| OGI
Todays featured Forty Under 40 honoree is Tim Krebs, CFO of Dynacloud.IO, a Houston-based energy technology company focused on creating intelligent oil fields through digital automation, AI and smart-grid technologies.
TIM, Ericsson and partners hit 1 Gbps in Rome trial of long-distance 5G FWA
2020-12-04 12:31:00| Telecompaper Headlines
(Telecompaper) Telecom Italia (TIM) has again teamed up with Ericsson and Qualcomm to set what the partners describe as world-record long distance speeds for 5G technology applied to Fixed Wireless Access (FWA). The trial conducted in collaboration with Casa Systems in Rome saw the companies reach speeds of 1 Gbps on 26 GHz millimetre-wave (mmWave) frequencies over distances of 6.5 kilometres on TIM's live network.
Tiscali commits to FiberCop, signs co-investment contracts with TIM
2020-11-23 01:00:00| Total Telecom industry news
In late August, TIM approved an agreement with KKR Infrastructure and Fastweb to create FiberCop, a new company to which TIM’s ‘last-mile’ access network will be transferred, as well as the fibre network developed by FlashFiber, a TIM–Fastweb joint venture…read more on TotalTele.com »
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