The project involves the purchase by Mobily (a telecom operator in Saudi Arabia) of fiber on Sparkle's submarine cable systems, with completion expected in 2025.
In the first nine months, Tim reports revenues up 3,4% and EBITDA up 8,7%, driven by good performance in both Italy and Brazil. Net debt falls below 8 billion, with operating cash flow…
Sparkle partners with Mobily for a digital corridor between Europe and Asia and with Liberty Networks and Gold Data for the Manta system in Central America
The Treasury, together with Retelit (controlled by the Spanish Asterion), has presented an offer of 700 million euros for 100% of Sparkle. Valid until October 15, the offer will be examined by the Board of Directors of Tim, which had already rejected a proposal…
The board of directors of the company led by Pietro Labriola, who had already rejected an offer from the Treasury of 26 million euros last January, will be held on September 750th
What is supporting the title of the company led by Pietro Labriola: here are all the hypotheses, from the indirect support of Mario Draghi and the Commission, to the endorsement of BofA. Meanwhile Telecom moves with Sparkle and Bt Italia
The strengthening of the link between Sparkle, Tim's jewel, and the company, founded by Antonio Corrado which operates in the distribution of video content, opens up questions: do you want to strengthen the asset in view of the sale, or do you want to believe in...
Sparkle, a TIM Group company, received the prestigious "Best WAN Solution Provider" award at the 2024 Carrier Community Global Awards for its innovative WAN solutions that support the digital transformation of businesses
Sparkle's BlueMed submarine cable reaches the island of Crete, connecting Italy to Greece and other Mediterranean countries. A new digital hub for high-speed Internet connections and high-performance solutions
Sparkle has struck a deal with Algar Telecom to use fiber optics on Monet, an undersea cable connecting Brazil to the United States. The agreement will strengthen Sparkle's international connectivity and IP transit and allow the company to…
The board instructed CEO Labriola to negotiate a different option with the government on the future of the international infrastructure system. The conditions for Tim and the minority role
With the new Point of Presence in Erbil, the first in the country, Sparkle extends its Internet backbone and consolidates its leadership as a global Tier-1 operator
The European stock markets proceed in no particular order, Paris the worst with the collapse of BNP Paribas (-8%). Inflation falling in the Eurozone, but rising in Italy. Utilities in red in Milan
GreenMed will create an innovative fiber optic infrastructure corridor to connect, through a diversified and low-latency route, Central Europe, the Balkans and the Central-Eastern Mediterranean countries
Tim's board of directors extends the negotiation with the KKR fund to the end of January 2024. The revision of the regulation for the presentation of lists in view of the meeting of 24 April has begun. Salvatore Rossi leaves, Labriola ready to stay. Living in…
Kkr has asked for time until the end of January to investigate the activities of two diligences - Tim's board of directors will decide on December 14 - Netco operation notified to the golden power office
Agreement between Sparkle, a company controlled by Tim which manages the Tier network, and Telespazio, a JV between Leonardo and Thales. Thanks to the agreement, the Scanzano Space Center will be connected to Sparkle's Sicily Hub in Palermo via the…
TIM has received a binding offer from US fund KKR to purchase NetCo, which comprises Tim's fixed-line businesses, including FiberCop. A non-binding offer for participation in Sparkle was also presented. The deal figures are around…
Investment by the Emirati company in the submarine cable connecting South Africa, Nigeria and Portugal for the expansion and digital growth of the sub-Saharan region
After Thursday's meeting with Minister Giorgetti, Vivendi, Tim's main shareholder, maintains its doubts about the sale of the Tim network to KKR but does not seem to want to stand in the way of the sale. However, it was strong in the last two…
Commercial services are available from Aqaba to Milan via the two already active routes and the Sparkle Mediterranean backbone. With the arrival at the Aqaba Digital Hub, Jordan strengthens its role as the main hub of the Middle East
The TIM Group company whose Tier-type network it manages has announced the activation of the commercial service on the first section of the BlueMed submarine cable which connects Palermo to Genoa and continues on to Milan. High-speed connections of…
Signed an agreement with the Libyan state telecommunications company. The agreement concerns the construction of a connecting infrastructure between Libya, Italy and Europe
The agreement aims to accelerate the digitalization process with secure connections in over 300 offices, shops and production sites in Europe, Africa and Asia
The rankings of the international award, which involves a community of 35 million admirers, have been announced. Italy places five reds in the top positions. Three classified in the whites and two in the Sparkle section. All the winning wines in the three sections
In the presence of the President of TIM Salvatore Rossi and the top management of Sparkle, President Alessandro Pansa and CEO Mario Di Mauro, the construction of the first "green" Data Center in the country and one of the most technologically advanced in Europe has begun.
The infrastructure will then continue up to Milan - The goal is to strengthen Italy's role as the main digital gateway between Africa, the Middle East, Asia and Europe.
The manager, who began his career at Telecom in 1998, leaves his previous position as Director of Innovation & Customer Experience which he always held at Tim.
The international services company has opened a Point of Presence (PoP) in Cartagena: another will be opened in the capital Bogota in the coming months.
The company has hired 12 young graduates and undergraduates in the Palermo and Catania offices, with the aim of transforming the island into the hub of the Mediterranean
Recognition of Sparkle's leadership in implementing platforms for network automation and programmability, orchestration of services and management of commercial iterations via Blockchain.
The double meeting between Premier Conte and the top management of Tim and Open Fiber unleashes the game of hypotheses on the creation of a single network - Among the hot topics discussed there would also be the sale of Sparkle and…
The deputy premier grillino, who has the delegation for the telecommunications, denies Telecom Italia permission to sell the strategic Sparkle and immediately collects the consent of Vivendi, effectively reopening the games on the balance of the telephone company, in which…
The board of directors approved by majority the birth of a company 60% Tim and 40% Canal+. The group reserves the right to continue the investigation on Sparkle and Telsy and to respond to the government within 90 days
The Government's decision on the Golden power requires Tim, Sparkle and Telsy to entrust a member of the board of directors of each of the three companies with responsibility for corporate activities that concern national security - The appointee must be acceptable…
Pursuant to Article 2 of Law 56 of 2012, the Government will now be able to impose prescriptions and conditions, as the telecommunications network has been officially defined as a strategic asset - Sparkle is at the heart of the matter - Telecom stock down…
The crux for notifying the control of the French group over Tim is that of the terms, which in theory would have expired on August 7 - Vivendi's technicians are at work with Palazzo Chigi, but in the meantime the…
The dispute between the two groups for control of the fiber company in the hands of CDP is growing. While the details of the proposal presented yesterday by the electricity group are better known, it has been leaked that Telecom Italia would be willing to put…
