In a letter addressed to the Italian government, rivals of Telecom Italia (TIM) have raised concerns regarding the potential competition risks associated with the network spin-off that is being considered by the telecom giant. The letter, sent by TIM's competitors, highlights the need for a thorough evaluation of the implications of such a move.
The network spin-off plan is part of TIM's strategy to create a separate entity for its fixed-line network, which is considered to be one of the company's most valuable assets. This initiative has been drawing interest from investors, including American private equity firm KKR, who are reportedly exploring a potential merger or partnership with TIM.
