GBAF Logo
Top Stories

Telecom Italia to finalise network sale to KKR on July 1

Published by Uma Rajagopal

Posted on June 24, 2024

1 min read

· Last updated: January 30, 2026

Add as preferred source on Google
Telecom Italia network sale to KKR on July 1 - Global Banking & Finance Review
Image depicting the Telecom Italia logo and network infrastructure, relevant to the upcoming sale of its fixed line access network to KKR, valued at 22 billion euros.
debt sustainability financial community corporate strategy
Global Banking & Finance Awards 2026 — Call for Entries

Telecom Italia to finalise network sale to KKR on July 1 MILAN (Reuters) – Telecom Italia (TIM) will finalise the landmark sale of its domestic fixed line access network to KKR on July 1, the Italian company said on Monday. The deal is worth up to 22 billion euros ($23.6 billion) and is aimed at […]

Telecom Italia to finalise network sale to KKR on July 1

MILAN (Reuters) – Telecom Italia (TIM) will finalise the landmark sale of its domestic fixed line access network to KKR on July 1, the Italian company said on Monday.

The deal is worth up to 22 billion euros ($23.6 billion) and is aimed at slashing TIM’s debt pile and revamping the ailing former phone monopoly.

TIM also said its board would meet on July 31 to review preliminary financial results for the period to the end of June.

($1 = 0.9322 euros)

(Reporting by Elvira Pollina; Editing by Keith Weir)

Frequently Asked Questions

What is Telecom Italia?
Telecom Italia, also known as TIM, is a major telecommunications company in Italy, providing fixed-line and mobile services.
What is KKR?
KKR is a global investment firm that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate, and credit.
What is a fixed line access network?
A fixed line access network refers to the physical infrastructure that connects homes and businesses to telecommunication services via wired connections.
What is debt sustainability?
Debt sustainability refers to a country's ability to manage its debt without requiring debt relief or accumulating further debt, ensuring long-term economic stability.

Tags

Related Articles

Image for Why Curiosity Is the Hidden Engine Behind Every Big Idea

Why Curiosity Is the Hidden Engine Behind Every Big Idea

Image for The Silent Shift Reshaping Global Finance

The Silent Shift Reshaping Global Finance

Image for The Invisible Forces Rewiring Global Finance—And Why the Shift Is Already Underway

The Invisible Forces Rewiring Global Finance—And Why the Shift Is Already Underway

Image for The Global Finance Reset No One Is Talking About—But Everyone Is Feeling

The Global Finance Reset No One Is Talking About—But Everyone Is Feeling

Image for The Financial Trend Hiding in Plain Sight—Why Everything Feels the Same, But Isn’t

The Financial Trend Hiding in Plain Sight—Why Everything Feels the Same, But Isn’t

Image for The Financial System’s New Rhythm—Why Change Is Happening Without Disruption

The Financial System’s New Rhythm—Why Change Is Happening Without Disruption

More from Top Stories

Explore more articles in the Top Stories category

Image for The Subtle Forces Reshaping Global Finance—And Why They Matter Now
The Subtle Forces Reshaping Global Finance—And Why They Matter Now
Image for The Quiet Realignment of Global Finance—Why the System Is Changing Without a Shock
The Quiet Realignment of Global Finance—Why the System Is Changing Without a Shock
Image for The Global Financial Shift That Feels Small—But Is Changing Everything
The Global Financial Shift That Feels Small—But Is Changing Everything
Image for The Financial System’s Invisible Pivot—Why the Biggest Changes Don’t Make Headlines
The Financial System’s Invisible Pivot—Why the Biggest Changes Don’t Make Headlines
Image for Why Global Supply Chains Are Becoming Smarter, Faster, and More Resilient
Why Global Supply Chains Are Becoming Smarter, Faster, and More Resilient
Image for Why Workforce Agility Is Becoming Critical in the Future of Work
Why Workforce Agility Is Becoming Critical in the Future of Work
Image for Why Global Trade Is Entering a New Era of Resilience and Reinvention
Why Global Trade Is Entering a New Era of Resilience and Reinvention
Image for Why Cybersecurity Is Becoming a Core Business Priority in the Digital Economy
Why Cybersecurity Is Becoming a Core Business Priority in the Digital Economy
Image for Why Data-Driven Decision-Making Is Becoming the Backbone of Modern Business Strategy
Why Data-Driven Decision-Making Is Becoming the Backbone of Modern Business Strategy
Image for How Real-Time Data Is Redefining Decision-Making in the Digital Economy
How Real-Time Data Is Redefining Decision-Making in the Digital Economy
Image for Why Cash Flow Visibility Is Becoming the Most Critical Metric for Business Survival
Why Cash Flow Visibility Is Becoming the Most Critical Metric for Business Survival
Image for How Digital Payments Are Redefining the Speed and Scale of Global Commerce
How Digital Payments Are Redefining the Speed and Scale of Global Commerce
View All Top Stories Posts