What is the main topic?

The main topic is the binding bid by Italy's Treasury and Asterion for Telecom Italia's subsea unit Sparkle.

Who is involved in the bid?

The Italian economy ministry and Retelit, owned by Asterion, are involved in the bid.

What is the value of the bid?

The bid is valued at 700 million euros.

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Home > Finance > Italy's Treasury, Asterion file binding bid for Telecom Italia subsea unit

Finance

Italy's Treasury, Asterion file binding bid for Telecom Italia subsea unit

Published by Global Banking & Finance Review®

Posted on December 19, 2024

1 min read

Last updated: January 27, 2026

Image depicting Italy's Treasury and Asterion's bid for Telecom Italia's subsea unit - Global Banking & Finance Review — This image illustrates the financial collaboration between Italy's Treasury and Asterion in their binding bid for Telecom Italia's submarine cable unit, Sparkle, valued at 700 million euros.

Italy's Treasury, Asterion file binding bid for Telecom Italia subsea unit

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Italy's Treasury Files Bid for Telecom Italia's Subsea Unit

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