Telecom Italia (TIM) and Open Fiber have reportedly begun preliminary discussions over the possibility of network sharing in rural areas of Italy. A report from CorCom said the deal would give Open Fiber access to TIM’s networks and allow it to expand its wholesale operations.
Meanwhile, a report from Bloomberg suggests that the Italian government thinks a TIM buyout offer from private equity fund KKR is valued too low. According to unnamed sources, state lender Cassa Depositi e Prestiti (CDP), which owns almost 10% of TIM, currently values the holding at around EUR0.82 (USD0.94) per share, while the KKR bid is worth EUR0.505 per share. French group Vivendi, which owns around 24% of TIM, had already stated that it saw the KKR offer as being undervalued.