Tag: Sparkle

Sparkle and Telecom Namibia Partner to Deliver Enhanced Connectivity for Namibia’s Digital Transformation

Sparkle, the first international service provider in Italy and among the top global operators, and Telecom Namibia, the national telecommunications operator, have signed an agreement for provision of capacity services on the Equiano subsea cable connecting Portugal to South Africa, with the common objective of accelerating Namibia’s digital transformation journey.

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TIM to rebuff Italian government’s offer for Sparkle

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

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