Friday, November 22
Subscribe
Markets

Italy’s competition watchdog clears Telecom Italia fiber scheme By Reuters

ReutersBy No Comments2 Mins Read

[ad_1]


© Reuters. FILE PHOTO: The Tim emblem is seen at its headquarters in Rome, Italy November 22, 2021. REUTERS/Yara Nardi

MILAN (Reuters) – Italy’s competitors watchdog mentioned on Thursday it had authorized Telecom Italia (MI:)’s unit FiberCop co-investment scheme aimed toward boosting fiber rollout throughout the nation.

The watchdog mentioned in an announcement it had accepted commitments Telecom Italia (TIM) and co-investors Fastweb, a unit of Swisscom, Tiscali and U.S. funding fund KKR submitted after the probe was opened in December 2020.

TIM and different FiberCop buyers had agreed to conform to a raft of pledges aimed toward safeguarding competitors and supporting the event of the fiber infrastructure.

Disclaimer: Fusion Media want to remind you that the information contained on this web site shouldn’t be essentially real-time nor correct. All CFDs (shares, indexes, futures) and Foreign exchange costs aren’t supplied by exchanges however somewhat by market makers, and so costs might not be correct and will differ from the precise market worth, which means costs are indicative and never acceptable for buying and selling functions. Due to this fact Fusion Media doesn`t bear any accountability for any buying and selling losses you may incur on account of utilizing this information.

Fusion Media or anybody concerned with Fusion Media won’t settle for any legal responsibility for loss or harm on account of reliance on the data together with information, quotes, charts and purchase/promote alerts contained inside this web site. Please be totally knowledgeable relating to the dangers and prices related to buying and selling the monetary markets, it is likely one of the riskiest funding types potential.

[ad_2]

Source link

Related Posts

Add A Comment

Leave A Reply