On Thursday 30 May, the European Commission announced that it had unconditionally approved the acquisition of NetCo (Italy) by the investment company KKR & Co. Inc. (USA). This includes the primary and backbone fixed-line network business of Telecom Italia S.p.A., also known as TIM, and FiberCop S.p.A. FiberCop S.p.A is a joint undertaking betweenTIM and KKR comprising TIM’s secondary fixed-line network.
Indeed, following its investigation into the impact of this transaction on the...