je.st
news
Tag: kkr
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.
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.
Tags: national
network
partner
italia
Coty Beauty to KKR?
2020-02-07 17:27:00| Happi Breaking News
Rumors swirl around troubled personal care business.