![\"\"](\"\/\/www.iser-br.com\/Themes\/Release\/images\/responsive\/ettelecom-default.jpg\")
MILAN: Telecom Italia (TIM<\/a>), the target of a 10.8 billion euro ($12 billion) takeover approach from U.S. fund KKR<\/a>, said on Wednesday it planned to split into two business under a standalone plan developed by its new chief executive.
The former phone monopoly also said an assessment by its advisors on KKR's approach would be finalised shortly and the board would then decide on it.
TIM, in which France's Vivendi<\/a> is the largest shareholder, must decide whether to pursue the KKR approach first made in November or follow the three-year plan being developed by new CEO Pietro Labriola.
Labriola is proposing to split the company between network and services operations in his plan to unlock value.
\"I am convinced that the evolution we have planned for the group is a positive break with the past,\" he said in a statement.
\"We are playing a front-runner role in the telco sector and expect others to follow our example,\" he added.
Financial results also published on Wednesday showed the problems facing Italy's biggest telecoms group<\/a>.
It plunged to a net loss of 8.7 billion euros ($9.7 billion) in 2021 after a 4.1 billion euro impairment of domestic goodwill and a 3.8 billion euro write off of a tax benefit.
Under pressure for years from stiff competition in its core domestic market, TIM also said it would scrap dividends.
TIM said it was in talks to sell its indirect stake in telecoms towers group INWIT<\/a> after it received a binding offer from a consortium led by private equity fund Ardian.
Under the deal, debt-laden TIM would raise some 1.3 billion euros and would keep a small indirect stake in INWIT, along with some governance rights, a source familiar with the matter said.
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意大利电信损失报告记录,计划分成两个
蒂姆,法国威望迪是最大的股东,必须决定是否追求KKR方法11月第一次或按照三年计划正在开发的新CEO Pietro Labriola。
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米兰:意大利电信(蒂姆),108亿欧元(120亿美元)的目标美国基金的收购方案KKR周三表示,它计划分成两个业务在一个独立的计划由新任首席执行官。
前电话垄断还表示,KKR的顾问评估的方法是完成不久,董事会将决定。
蒂姆,法国的维旺迪是最大的股东,必须决定是否追求KKR方法11月第一次或按照三年计划正在开发的新CEO Pietro Labriola。
Labriola提议将公司网络和服务操作之间他释放价值的计划。
“我相信,我们计划在组织发展是一个积极的与过去决裂,”他在一份声明中说。
“我们玩电信行业领跑者的角色和期望别人跟随我们的例子中,”他补充道。
周三公布的财报也显示所面临的问题意大利最大的电信集团。
它跌至净亏损87亿欧元(97亿美元)在2021年41亿欧元国内善意和减值准备38亿欧元注销的税收好处。
在压力下多年来在其核心的国内市场的激烈竞争,蒂姆还表示,将取消红利。
TIM说,这是在谈判电信塔集团出售其间接的股份良知收到后绑定提供由私人股本基金Ardian牵头的一个财团。
根据协议,负债累累的蒂姆将筹集约13亿欧元,保持良知小间接的股权,以及一些治理的权利,一位知情人士说。
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