
Telecom Italia board approves Sparkle sale to MEF and Retelit
The deal was examined this week and "unanimously" approved
The deal was examined this week and "unanimously" approved
Iliad has previously outlined its desire to push for more consolidation
Cyta to be the landing partner
Case dates back to 1998
OEC will dismantle, separate, and sort all components of unused cable ahead of repurposing
Vivendi intends to appeal the decision
TIM will make a decision on the bid by late January
Would become company's biggest stakeholder if a deal is agreed
Ardian takes complete ownership of Daphne 3
25MW facility to launch in late 2026
TIM has pledged to cooperate with the authorities
Gold Data and Sparkle will operate two separate segments under one system
Company reportedly planning more Mediterranean cable investments
Joins forces with Asterion's Retelit business unit
Four data centers and a fiber network up for grabs
The contract will see Nokia support TIM's 5G expansion from next year
Expects deal to be finalized later this year
The long-awaited sale nears a conclusion
FiberCop was set up in 2021 by TIM, KKR, and Fastweb
One step closer to slashing some of its debt pile
Sparkle's most recent cable landing
Follows launch of Milan region in 2021
The sale of its fixed business still needs regulatory approval
However, the government plans to appeal
Still wants to sell its subsea cable unit, and may part with remaining stake in its tower company
Values the business at €18.8bn
Initial bid not enough says the telco
The offer is set to be examined next week by TIM's board