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Wireless

TIM completes Kena Mobile integration

Monday 4 November 2019 | 09:17 CET | News
Telecom Italia (TIM) has completed the merger by incorporation of MVNO Noverca, meaning the latter's Kena Mobile service is now officially a TIM brand. The operator acquired Noverca from Arcotel back in 28 October 2016 for EUR 4.5 million and launched Kena Mobile in March 2017 to counter the expected cost cutting of newcomer Iliad. TIM announced in its second quarter results statement that its board of directors had approved the process to integrate the wholly-owned subsidiary by 31 October.

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Categories: Mobile & Wireless
Companies: Kena Mobile / Noverca / Telecom Italia / TIM
Countries: Italy
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