Telecom Italia (TIM) said on Wednesday its board of directors approved a 700 million euro ($725.97 million) sale of its submarine cable unit Sparkle to a consortium led by Italy's Treasury.

Poste Italiane is considering a potential investment in Telecom Italia, two people with knowledge of the matter said, as the ...

A Treasury-led consortium submitted a new binding bid on Tuesday for Telecom Italia's (TIM) subsea cable business Sparkle, ...

Billionaire Xavier Niel and CVC Capital Partners Plc are separately exploring deals for Telecom Italia SpA that could pave ...

French telecoms group Iliad and CVC Capital Partners have separately informed the Italian government of their respective interest in potential deals involving former phone monopoly Telecom Italia ...

Billionaire Xavier Niel and CVC Capital Partners Plc are separately exploring deals for Telecom Italia SpA that could pave the way for an eventual combination of the former monopoly with the local ...