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Broadband

Telecom Italia agrees to take on KKR as partner to roll out national fibre network

Friday 28 February 2020 | 09:13 CET | News
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.

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Categories: Fixed
Companies: Open Fiber / Telecom Italia / TIM
Countries: Italy
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