 During its Capital Market Day yesterday, TIM, the big Italian telecom operator, headquartered in Rome, tabled a plan to separate its network infrastructure assets (referred to as NetCo) from its services delivery operations (ServiceCo). The company suggests such a transformation recognizes that the TIM Group operates in “an intensely competitive market yet is constrained by one of the most stringent regulatory frameworks in Europe.”
By breaking up the classical vertically integrated telco model, TIM hopes its regulated and unregulated businesses on their own will become more competitive and more profitable in their respective operations. Here’s how TIM is planning the breakup. Continue Reading |
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