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.

MILAN, Oct 10 (Reuters) - The head of Italy's telecommunications regulator, Agcom, said he wants more power to make Telecom Italia put its fixed-line network under independent management.

Telecom Italia SpA, in a reversal of a recent and expensive consolidation, announced plans on Monday to spin off its fixed-line and mobile phone businesses into two companies. Its chairman also said ...

MILAN (Reuters) - The head of Telecom Italia's (TIM) network is expected to leave after the summer, two sources said on Sunday, in a move that may further complicate the phone group's plan to ...

MILAN, March 2 (Reuters) - Telecom Italia (TIM) TLIT.MI, the subject of a 10.8 billion euro ($12 billion) takeover approach from U.S. fund KKR KKR.N, said on Wednesday it planned to split into two ...

Bloomberg News is headlining a quote from Italian economic development minister Carlo Calenda saying that Telecom Italia (TI) should be split into two listed companies (Network Co and retail company), ...

Telecom Italia has sent a letter informing Huawei ... Now, the entire contract will be split between Ericsson and Nokia, two of the sources said. Italy has not imposed an outright ban on Huawei ...

Telecom Italia SpA, the biggest Italian phone company, started final negotiations yesterday with unions about a plan to cut 2,750 jobs, or more than 5 percent of its domestic workforce ...

(Bloomberg) -- Italy’s state-run postal service is planning to raise its stake in Telecom Italia SpA to nearly 25% in a bid to become the phone carrier’s largest investor, replacing French ...