ROME -- Telecom Italia finished off 2006 by announcing its long-awaited restructuring plan, saying it will split the company into four parts that will all report to chief executive Riccardo Ruggiero.

Shares in Telecom Italia plunged more than 16 per cent on Thursday after the group announced plans to split itself in two as it tries to fend off a €10.7bn bid by private equity group KKR.

Telecom Italia (TIM), the subject of a 10.8 billion euro ($12 billion) takeover approach from U.S. fund KKR, said on Wednesday it planned to split into two business under a standalone plan ...

Telecom Italia (TIM) is expected to make a decision on a 10.8 billion euro ($12.2 billion) takeover proposal from U.S. private equity firm KKR by the middle of next month.

Telecom Italia. is to spin off its network business into a legally separate entity, ... Sweden and the Czech Republic to split its former monopoly telecoms company.

Telecom Italia has split off split off NetCo, the business unit for its fixed landline network, which it agreed to sell to US investment firm KKR earlier this month for €22 billion ($24.05bn).

The head of Italy's telecommunications regulator, Agcom, said he wants more power to make Telecom Italia <TLIT.MI> put its fixed-line network under independent management.

Telecom Italia completed a significant split by spinning off its fixed landline network. This move aimed to streamline operations and help the company compete more effectively.

Franco Bernabe has resigned as executive chairman of Telecom Italia at a board meeting on Thursday convened to find a business plan to rescue the heavily indebted company from a junking of its credit ...

Telecom Italia in July completed the sale of its network to US private equity firm KKR & Co. in a deal that valued the grid at as much as €22 billion ($24 billion).

Telecom Italia is looking to cancel to contract with Huawei for supplying equipment to build part of the telecom firm’s 5G network in the country, reports Reuters citing sources aware of the ...