Sumitomo Mitsui Banking Corporation – SMBC Group is delighted to have acted as a Mandated Lead Arranger, Bookrunner and Underwriter on KKR's acquisition of a majority stake in Telecom Italia’s fixed network, NetCo (including FiberCop). Congratulations to KKR on this landmark transaction!
A historic milestone for the Italian telecommunications sector! The integration of TIM’s fixed line network into FiberCop creates a #wholesale network accessible to all operators in Italy and ensures fresh funding for investment in the country’s #digitalinfrastructure. The transaction will accelerate end-to-end #fiber connectivity nationwide, building on the more than 4 million homes passed since we entered FiberCop in 2021. https://go.kkr.com/3zBCzaB