telecommunications
Top StoriesTelecom Italia and Kkr Deadlocked Over Takeover Approach
Top StoriesTim, Cdp Set to Start Formal Talks for Network Deal – Sources
Top StoriesIndia Bets on Satellite Broadband to Bridge Rural Digital Divide
Top StoriesHuawei ‘more United’ in Face of U.S. Pressure, Says Repatriated CFO
Tim Boosted as Cvc Approach for Enterprise Service Unit Confirmed
Date: March 28, 2022
By Elvira Pollina MILAN (Reuters) -Telecom Italia (TIM) shares rose on Monday as Italy’s biggest telecoms company confirmed CVC’s interest in taking a stake in its enterprise service arm, while it is also weighing a takeover approach for the group by KKR. The CVC move comes as newly-appointed TIM Chief Executive Pietro Labriola presses ahead...
Kkr Still Interested in Tim Buyout, Wants to Discuss Open Fiber Deal
Date: March 24, 2022
By Elvira Pollina MILAN (Reuters) -KKR remains interested in taking over Telecom Italia (TIM) and also wants to discuss the phone group’s own plans to combine its fixed line assets with those of state-backed rival Open Fiber, two sources said on Thursday. KKR submitted a non-binding 10.8 billion euro ($11.9 billion) takeover proposal for TIM...
Exclusive-Infra Funds Circle Vodafone for $16 Billion Vantage Towers Deal -Sources
Date: March 18, 2022
By Anshuman Daga, Pamela Barbaglia and Andres Gonzalez SINGAPORE/LONDON (Reuters) -Global infrastructure funds have approached Vodafone to invest in its $16 billion mast company Vantage Towers but the telecoms giant’s preference is for an industry merger, sources familiar with the matter told Reuters. The bidders, which include investment firms Brookfield and Global Infrastructure Partners (GIP),...
Finance Sector: Is Your Organisation Prepared for the Analogue Switch-Off?
Date: March 16, 2022
By Dominic Norton, Sales Director, Spitfire Network Services Limited Over the last couple of years, organisations of all shapes and sizes have had to grapple with the challenges that COVID inflicted on us all. Firms in the financial services sector are no different. Technology became both a headache but also a solution as firms dealt...
Telecom Italia Shares Rise on Kkr, Open Fiber Overtures
Date: March 14, 2022
By Elvira Pollina MILAN (Reuters) -Telecom Italia shares rose on Monday after Italy’s biggest phone group said it would pursue a domestic broadband deal, while also engaging in talks with KKR over the U.S. fund’s 10.8 billion euro ($12 billion) takeover approach. After a near six-hour board meeting on Sunday, TIM said it had asked...
Exclusive-Deutsche Telekom Launches $20 Billion Auction of Mobile Towers
Date: March 10, 2022
By Andres Gonzalez, Nadine Schimroszik and Emma-Victoria Farr MADRID (Reuters) – Deutsche Telekom has started the sale process of its towers business and expects indicative offers in the next couple of weeks, three sources with knowledge of the deal said. The German company is working with Goldman Sachs as advisor in the sale of its...