ROME—Thousands of Telecom Italia (TIM) customers across Italy complained of internet outages and glitches on Sunday which the company blamed on problems with an international link. Users from the northern city of Milan to the Sicilian capital Palermo reported problems, with the issue mainly focused on fixed-line internet services. Some soccer fans bemoaned interruptions to…
KKR Says No Set Deadline to Start Due Diligence on TIM’s Bid
MILAN—U.S. fund KKR said on Monday it expected to be able to take a decision on its takeover approach for Telecom Italia (TIM) only after a due diligence process but it had set no deadline to start its analysis. Asked by market regulator Consob to clarify whether it would still proceed with the offer if…
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