Bouygues Telecom has signed an exclusivity agreement with La Poste group for the acquisition of the virtual operator La Poste Telecom and a distribution partnership
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Bouygues Telecom has signed an exclusivity agreement with La Poste group for the acquisition of the virtual operator La Poste Telecom and a distribution partnership
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MILAN (Reuters) -KKR plans to notify the European Union's antitrust authorities by the end of January of its planned buyout of Telecom Italia's (TIM) fixed access network, two sources close to the matter said on Monday. Italy's former phone monopoly agreed in November to sell its prized landline grid to the U.S. fund in a deal worth up to 22 billion euros ($24 billion) that is aimed at significantly reducing TIM's debt and staff. While supported by the Italian government, which plans to take a 20% stake in the network company to oversee an asset deemed of strategic national importance, the deal is being challenged in court by top TIM investor Vivendi.