TIM finalizes sale of NetCo to KKR, including BT Italia assets

By Global Infrastructure Sherpa · Jun 21, 2024

Acquisition Fiber Optic Network announced Italy Jun 21, 2024

EUR22000M

Deal Value

TIM's shareholders approved the sale of NetCo, including its fixed network assets and BT Italia, to KKR for €22 billion. The deal aims to reduce TIM's debt and focus on its service business.

Timeline

Announced

Jun 21, 2024

Signed

Closed

Counterparts (3)

asset

BT Italia

company

BT Italia is the Italian branch of BT Group, a global telecommunications provider. They focus on pro...

Seller

TIM (Telecom Italia)

company

TIM (Telecom Italia) is a major telecommunications company in Italy, providing fixed and mobile tele...

Buyer

KKR

company · 2 deals

KKR is a leading global investment firm that invests across private markets, including infrastructur...

Market Context

This deal is part of the Fiber Optic Network sector in Italy.

Fiber Optic Network deals

100

deals in Italy

Source

www.gruppotim.it

1 of 2 Fiber Optic Network deals tracked this month · Updated daily

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TIM finalizes sale of NetCo to KKR, including BT Italia assets

Timeline

Counterparts (3)

Market Context

Source

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