Another step towards the single network. Yesterday the American fund KKr, which owns 37,5% of Fibercop (Tim's secondary network), gave the green light to the commercial agreement between Tim and Open Fiber, which will thus be able to rent out the network infrastructure already built by the largest Italian telephone company in the so-called white areas (those of the less populated territory), avoiding unnecessary duplication of investments. Kkr has taken precautions by giving its consent to the agreement on the condition that it creates value and that this is not counted in the future general agreement that is looming between Tim and Open Fiber.
Single network: Scannpapieco (Cdp) from Vivendi to pave the way
The commercial agreement between Tim and Open Fiber is good news for fiber coverage of white areas. in which Open Fiber won eight races and Tim six more. But it is not the only one, because, thanks also to the diplomatic activity of the CEO of Cassa Depositi e Prestiti, Dario Scannapieco, which is the controlling shareholder of Open Fiber and second shareholder of Tim and which in recent days has expressly flown to Paris to meet the top management of Vivendi (Tim's largest shareholder with 24%), the awaited signing of the Memorandum of understanding, That is the decisive and binding step for the marriage between Tim and Open Fiber, specifying the perimeter, times and methods of implementation.
Single network: the complex path towards the wedding between Tim and Open Fiber
According to the rumors circulated so far, Tim should give one separate companyCalled Telecom Italy, primary network, That secondary (which is in fibercop) ei sparkle submarine cables, while the so-called backbone (the fiber backbone that connects all the fixed and mobile exchanges) should remain for now in charge of Tim.
Once the entire network is unbundled, it should be a consortium led by CDP to take control through an offer to finally get to the merger with Open Fiber. The procedural steps to arrive at the awaited marriage are complicated and will take time, but finally we are beginning to see the light at the end of the tunnel and the single network is no longer a chimera.
