0
General

TIM mulling investors for Noovle, Sparkle units - CEO

Thursday 29 July 2021 | 10:34 CET | News
Telecom Italia (TIM) is considering the possibility of inviting third parties to invest in its cloud and wholesale undersea cable units with a view to fully monetising its network assets, said the company's CEO Luigi Gubitosi, according to Reuters. Following the publication of TIM's second quarter results, Gubitosi said TIM would assess options for both its cloud business Noovle and its international wholesale unit Sparkle.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Dazn / Open Fiber / Telecom Italia / TIM
Countries: Italy
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Italy's AGCM agrees not to block DAZN-TIM Serie A streaming

Published 28 Jul 2021 10:47 CET | Italy
Italy's antitrust and competition authority AGCM said it would not be imposing precautionary measures to restrict the agreement ...

Telecom Italia revenue returns to growth in Q2, posts 6% organic EBITDA drop

Published 28 Jul 2021 09:29 CET | Italy
Telecom Italia (TIM) reported revenues up 1.0 percent year on year to EUR 3.82 billion in the second quarter of 2021, a return to ...

TIM launches 'Opening Future' digital training portal

Published 20 Jul 2021 15:36 CET | Italy
Telecom Italia (TIM) said it has launched a new online portal for the training of digital skills in partnership with Google ...

TIM to launch 5G cloud network with Ericsson, Google Cloud

Published 28 Jun 2021 11:30 CET | Italy
Telecom Italia (TIM) said it has begun creating what it describes as the first '5G cloud network' in Italy under its cloud ...

TIM partners with Dazn for Serie A rights auction

Published 23 Feb 2021 09:49 CET | Italy
Telecom Italia (TIM) has confirmed press rumours that it has reached a deal with existing partner Dazn to contribute financial ...

TIM launches new cloud services unit 'Noovle'

Published 25 Jan 2021 13:52 CET | Italy
Telecom Italia (TIM) has announced the creation of a new wholly-owned unit specialising in the provision of cloud and edge ...





Calendar   /   Industry Events

29 Jul Telenet Q2 2021
29 Jul Liberty Global Q2 2021
29 Jul Consolidated Communications Q2
29 Jul Telefonica Q2 2021
29 Jul Orange Q2 2021
29 Jul Digital Realty Q2 2021
29 Jul Limelight Networks Q2 2021
29 Jul CyrusOne Q2 2021
29 Jul CoreSite Q2 2021
29 Jul STMicroelectronics Q2 2021
29 Jul Millicom Q2 2021
29 Jul Samsung Electronics Q2 2021
29 Jul Poly fiscal Q1
29 Jul Skyworks fiscal Q3
29 Jul Casa Systems Q2
29 Jul Citrix Systems Q2
29 Jul Amazon Q2
29 Jul Airtel Africa Q2 2021
29 Jul T-Mobile US Q2 2021
29 Jul Comcast Q2 2021
29 Jul Nokia Q2 2021
29 Jul BT fiscal Q1
29 Jul American Tower Corp Q2 2021
29 Jul Fortinet Q2
29 Jul Vodacom fiscal Q1
29 Jul Cellnex Q2 2021
29 Jul Hrvatski Telekom Q2 2021
30 Jul Proximus Q2 2021
30 Jul Charter Communications Q2 2021
30 Jul Shentel Q2 2021
30 Jul NEC fiscal Q1
::: More Calendar Items