KKR Archives - Total Telecom

KKR–Singtel consortium near $10bn deal for STT GDC

by Harry Baldock | Feb 2, 2026

This week, media reports suggest that a consortium led by KKR and Singtel is closing in on a deal to acquire ST Telemedia Global Data Centres (STT GDC).

American investment firms bet big on Europe’s data center boom

by Bradford Randall | Jan 8, 2026

American-based investment firm KKR is putting more money into Europe’s data center boom, announcing an additional $1.5 billion equity commitment to Global Technical Realty (GTR), a built-to-suit data center platform it helped launch.

TIM receives €700m bid for Sparkle

by Georgia Sweeting | Oct 4, 2024

The Italian Ministry of Economy and Finance (MEF) and Retelit, a subsidiary of the Spanish Asterion Infrastructure Fund, has made €700 offer for Sparkle, Telecom Italia’s subsea cable unit, the company has announced this week

Vodafone offloads €1.3bn stake in Vantage Towers

by Harry Baldock | Jul 22, 2024

Today, Vodafone has announced the sale of a further 10% stake in Oak Holdings, the infrastructure joint venture that controls its mobile tower spin-off Vantage Towers.

TIM finally completes NetCo sale to KKR

by Georgia Sweeting | Jul 2, 2024

Telecom Italia (TIM) has finalised the sale of its fixed line network ‘NetCo’ to KKR, in a deal worth up to €22 billion. The sale saw TIM transfer its fixed network infrastructure and wholesale activities to its subsidiary FiberCop, which was then fully bought out by KKR, who already owned a minority stake in the business.

Swisscom’s Fastweb sells FiberCop stake for €439m

by Georgia Sweeting | Jun 5, 2024

Swisscom has announced that its Italian subsidiary FastWeb has sold its 4.5% share of FiberCop to KKR’s subsidiary Optics BidCo for €439 million.

KKR preparing to soothe EU regulatory concerns over TIM’s NetCo

by Harry Baldock | May 15, 2024

News A report suggests that the US-investment firm is preparing to file a number of concessions...

EU expresses wholesale concerns over KKR–Telecom Italia deal

by Georgia Sweeting | Apr 24, 2024

The European Union’s antitrust regulators have begun asking rivals and customers if the acquisition of Telecom Italia (TIM)’s fixed-line network by US investment firm KKR would negatively affect wholesale competition in Italy, according to a Reuters report, citing people familiar with the matter.

Canadian pension fund to take slice of TIM’s NetCo

by Harry Baldock | Mar 11, 2024

On Friday, the CPP announced that they would be the latest company to invest in the highly prized fixed network assets of Italian incumbent operator TIM.

Investors lining up to bid for Altice France’s fibre biz

by Harry Baldock | Feb 12, 2024

According to a report from Bloomberg, numerous major players are lining up to bid for Altice Group’s 50.1% stake in XpFibre, France’s largest alterative fibre-to-the-home (FTTH) wholesaler.

TIM to rebuff Italian government’s offer for Sparkle

by Harry Baldock | Feb 7, 2024

Last week, the Italian government reportedly made a bid to acquire 100% of TIM’s submarine cable unit Sparkle. While the financial details of the bid were not revealed, reports suggested that it valued the business at up to €750 million.

Today, further reports suggest that this bid is set to be rejected by TIM, with the company’s directors set to seek a higher offer for its subsea assets

Millicom offloads 1,100 Colombian towers to KKR

by Harry Baldock | Jan 25, 2024

This week, Millicom’s subsidiary Tigo Colombia has agreed to sell around 1,100 of its mobile towers to US investment firm KKR. The towers will be managed by KKR in partnership with NEXO LatAm, the digital infrastructure platform that manages KKR’s fibre investments throughout Latin America.

F2i to invest €1bn in TIM’s NetCo

by Georgia Sweeting | Jan 22, 2024

Italian government-backed infrastructure fund F2i has announced that it will invest €1 billion in Telecom Italia (TIM)’s NetCo, acquiring a 10% stak in the newly spun off business. As a result, the company will join US investment firm KKR and the Italian Ministry of Economy and Finance as co-investors.

Italian government gives greenlight to KKR’s purchase of TIM’s NetCo

by Georgia Sweeting | Jan 17, 2024

The Italian government has cleared Telecom Italia (TIM)’s sale of its fixed line network to US investment firm KKR, noting that KKR’s ownership does not contravene the state’s ‘golden power’ rules designed to protect its strategic assets.

Telecom Italia approves KKR’s €18.8 billion fixed infra acquisition

by Georgia Sweeting | Nov 6, 2023

On Sunday, Telecom Italia (TIM) approved the sale of its fixed-line network to US-based equity firm KKR for €18.8 billion. The fixed-line business will be spun into a new entity named NetCo.

TIM’s board of directors met from 3–5th November to examine the binding offer that was submitted by KKR back in October. Eleven of the board’s fourteen members approved the acquisition.

KKR invests $400m into subsea cable firm OMS

by Harry Baldock | Oct 30, 2023

News

Today, KKR has announced that it has made a $400 million investment in Malaysian submarine cable specialist OMS Group.

OMS is one of Southeast Asia’s largest subsea cable service providers, using its fleet of cable ships and cable barges to provide support and maintenance for the region’s submarine cable infrastructure.