Home › TIM board to discuss KKR bid for stake in last-mile network
 

Keywords :   


TIM board to discuss KKR bid for stake in last-mile network

2020-07-31 12:04:00| Telecompaper Headlines

(Telecompaper) Telecom Italia (TIM) has confirmed the receipt of a binding offer from US private equity fund KKR for a minority stake in its landline (copper and fibre) network. In a brief statement, TIM said its board will discuss the bid in its 04 August meeting and subsequently provide details of the potential transaction. KKR has been in exclusive talks with TIM since February and has reportedly offered EUR 1.8 billion for a 38 percent stake in the FiberCop newco set up by the former incumbent for its last-mile network.

Tags: board network discuss bid

Category:Telecommunications

Latest from this category

All news
04.03Your AI Agents Are Only As Smart As Your Data Infrastructure
24.02What Is a Forward Deployed Engineer? The Role Bridging AI Ambition and Production Reality
23.02From AI Pilots to Production Results with Governed Execution
Telecommunications »
06.032026 Crop insurance prices favor soybeans over corn
06.032026 Crop insurance prices favor soybeans over corn
05.03Pork industry titans inducted into NPPC Hall of Fame
05.03Parker honored with Paulson-Whitmore Award at National Pork Industry Forum
05.03Beef.com launches digital infrastructure blueprint
05.03Inside the beef market: Prices, policy, and meat inspection
05.03Oil prices, market impact from military strikes in the Middle East
05.03Oil prices, market impact from military strikes in the Middle East
More »