TIM starts formal talks with CDP for building Italian single network

This week, Italy’s largest operator TIM has announced that it has signed a non-disclosure agreement with state investment bank Cassa Depositi e Prestiti (CDP) to begin official talks for the merger of their fibre network with that of rival Open Fiber. 
The government-owned CDP, which owns a 60% stake in Open Fiber and a 10% stake in TIM, has long been in favour of such a merger. 
The idea of merging the two companies&rsquo…

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