Tim, with Kkr the single network at risk: with the fund spin-off in 2-3 years

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The timing of Kkr’s offer is not compatible with the single network. In fact, from the contacts initiated with the advisors following the issue, an estimate of 9-12 months to complete the takeover bid and 2-3 years for the reorganization of the group emerged with the corporateization of the infrastructural and commercial parts. Only after the network ofincumbent would be offered to the CDP which, in addition to having almost 10% of Telecom Italia, has also recently gained control of 60% in Open Fiber, the challenger company …