TIM sort of clarifies details of company split
TIM has outlined more detailed plans to split its network operations from its services business, confirming recent reports that around half of its debt will go with the NetCo unit.
But the financial picture at NetCo could change pretty quickly. TIM also noted that M&A is still an option, specifically the merger of the networks business with that of rival Open Fiber or the sale of the unit to other investors. Only if the financials stack up though, of course.
There are no big surprises in TIM
Read more »