NEWS The Italian incumbent is set to enter exclusive negotiations with KKR over sale of its network assets, with private equity firm outbidding rivals CDP & Macquarie The operator’s board gave the green light for CEO Pietro Labriola to begin exclusive negotiations...
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Ofcom the latest victim of ransomware attack
News The cyberattack against the UK telecoms regulator reportedly jeopardised the personal information of 412 employees, as well as confidential data from various companies that Ofcom regulates Today, Ofcom has confirmed that it is among an increasing number of...
Final bids for TIM’s fibre network expected tomorrow
News Reports suggest that private equity firm KKR could slightly increase its bid for TIM’s broadband network, while the CDP is unlikely to budge from its original offer This week marks a major turning point Italy’s incumbent operator TIM, which will soon need to...
CDP to bow out of bidding war over TIM’s NetCo
News State-lender Cassa Depositi e Prestiti SpA (CDP) will reportedly withdraw its bid for ownership of TIM’s network infrastructure unit, leaving the path unopposed for private equity fund KKR This week, anonymous sources speaking to Bloomberg suggest that CDP is...
Nokia and Claro deploy a private 4.9G network at Colombian maritime terminal
Press Release Nokia and Claro Colombia have announced the deployment of an industrial-grade private 4.9G wireless network and edge computing solution at Sociedad Portuaria Puerto Bahía in Cartagena, Colombia, using the Nokia Digital Automation Cloud (DAC), including...
TIM leans on ERG for additional renewable energy
News A new deal will see the Italian operator expand their existing Power Purchase Agreement (PPA) with ERG to encompass a further 200GWh/year of renewable energy over the coming decade This week, TIM has announced a new PPA agreement with independent renewable energy...
TIM shares slide as company receives new bids for fixed network assets
NEWS The Italian incumbent has received two new bids for its fixed assets from investment firm KKR and a consortium of Cassa Depositi e Prestiti (CDP) and Macquarie TIM confirmed receipt of two new non-binding bids yesterday, meeting the deadline it had set for...
Mapping the world, one street at a time
Total Telecom Congress startup NATIX utilises a crowd sourced network of smartphone using drivers to create an AI-generated map of the world
Unions agree early retirement plan for 2,000 TIM staff
News The Italian operator has reportedly reached an agreement with unions that 2,000 staff will take voluntary early retirement as part of ongoing cost-cutting measures At the start of last year, Italian incumbent operator TIM announced that the company would seek to...
CDP and Macquarie presents counteroffer for TIM’s fixed network
News TIM is now asking US private equity firm KKR if they would like to increase their initial bid for the business At the start of February, US-based equity fund KKR approached Italy’s incumbent telecoms operator, TIM, with a non-binding offer for a stake in the...
Italian govt seeks more time as TIM’s single network saga continues
News US private equity firm KKR has agreed to extend the deadline for TIM to respond to its non-binding proposal by four weeks, giving the government more time to explore its potential ramifications For most of last year, it looked as if the Italian government’s plan...
Italian govt pushing TIM to place Sparkle under Rome’s control
News Sources suggest Italy’s new government wants control of TIM’s wholesale submarine cable network business, considering it a strategic national asset Back in October, Giorgia Meloni took over as Italian Prime Minister, a move that had major implications for...
Is time running out for TikTok?
News The US government is mulling a nationwide ban on one of the world’s largest social media platforms due to national security fears This week, Democrats and Republicans have joined forces to propose a new law that would see TikTok banned in the US. The bipartisan...
Italian govt mull TIM takeover to facilitate creation of single network
News The debt-laden telco issued three profit warnings last year and has continued to struggle in a price war against its local rivals This week, sources speaking to Bloomberg suggest that the Italian government is weighing its options for how to reinvigorate national...
Lumen pursues portfolio optimisation through EMEA sale to Colt
NEWS Lumen Technologies have agreed to sell their EMEA business to Colt Technology Services for $1.8B, a figure equating to an 11x multiple of the EMEA business's estimated 2021 adjusted EBITDA. The agreement will encompass Lumen’s terrestrial and subsea networks,...
It’s Time to be Smarter with your Fibre Testing
INTERVIEW With demands for digital connectivity at an all-time high in the UK, and so much fibre still to be deployed across the country, how do you deploy quickly with quality AND at scale? For test & measurement manufacturer VIAVI Solutions, the answer is simple...
Build it once. Sell it three times.
INTERVIEW HOW CAN YOU UPGRADE YOUR NETWORK WHILE ALSO CONTAINING COSTS, MAXIMIZING EFFICIENCY, AND UNLOCKING FUTURE REVENUE STREAMS? THE ANSWER IS TO USE A SINGLE, HIGHLY EFFICIENT ARCHITECTURE THAT CAN DELIVER MULTIPLE SERVICES SIMULTANEOUSLY. Ciena customers are...
TIM joins ICT sector’s ‘European Green Digital Coalition’
Press Release Joining the initiative offers the TIM Group the opportunity to play a decisive role within a coalition supported by the EU Commission and Parliament that aims to harness the potential of digital solutions in green transformation The TIM Group has become...
How experience helps in reducing time to value in Fibre Network projects
Contributed Article By NetPMD Network design projects can be complex and time-consuming, making it difficult for in-house teams to complete them in a timely manner. Outsourcing can help to improve time to value by allowing companies to access the resources and...
Opticoms and Innovile announce partnership to manage and optimize Private 5G Networks with Open RAN
German-based system integrator Opticoms, delivering turnkey 5G connectivity for enterprises, partners with network management solution provider Innovile, to automate and optimize Open RAN Private 5G Networks.
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