Plans to save TIM from KKR takeover could include major job cuts

Back in November, US investment firm KKR approached Italian incumbent operator TIM, offering €10.8 billion to take control of the business. 
The offer came following the latest profit warnings issued by the operator, which has found itself battling for slim profits in a highly competitive domestic market while also rolling out expensive 5G and fibre networks in recent years.
The offer from KKR was quickly followed by the stepping down of TIM&rsquo…

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