TIM starts formal talks with CDP for building Italian single network

This week, Italy’s largest operator TIM has announced that it has signed a non-disclosure agreement with state investment bank Cassa Depositi e Prestiti (CDP) to begin official talks for the merger of their fibre network with that of rival Open Fiber.  The government-owned CDP, which owns a 60% stake in Open Fiber and a 10% stake in TIM, has long been in favour of such a merger.  The idea of merging the two companies&rsquo…read more on TotalTele.com »