• <a fr-original-style="" href="https://www.bloomberg.com/news/articles/2022-10-29/telecom-italia-grants-more-time-for-multi-billion-network-deal" rel="noopener noreferrer" style="color: rgb(9, 9, 9); text-decoration: none; background-color: transparent; outline: none; cursor: pointer; transition: color 0.3s ease 0s; touch-action: manipulation; user-select: auto; box-sizing: border-box;" target="_blank">Telecom Italia</a> set a Nov. 30 deadline for Italy’s state lender CDP to present a final offer for its phone carrier, according to a statement on Saturday, which marked the latest delay to a deal months in the making. The plan would see the merger of Telecom Italia’s grid with that of Open Fiber, one its smaller competitors, to create a single national landline network.<img src="https://images.aposto.com/2022/9/0/1667157110148.png" style="display: block; float: none; vertical-align: top; margin: 5px auto; text-align: center; width: 100%; max-width: 550px; border-style: none; position: relative; cursor: pointer; padding: 0px 1px; box-sizing: border-box;" ratio="1.50" width="550" alt="TIM store" fr-original-style="display: block; float: none; vertical-align: top; margin: 5px auto; text-align: center; width: 100%; max-width: 550px;" fr-original-class="fr-draggable">via Bloomberg<ul fr-original-style="padding-inline-start: 20px;" style="padding-inline-start: 20px; margin-top: 0px; margin-bottom: 1em; list-style-position: inside; box-sizing: border-box;"><li fr-original-style="" style="box-sizing: border-box;">Zoom in: The delay also reflects the impact of Italy’s change in government. New PM Giorgia Meloni is likely to want to weigh in on a deal with major implications for state-owned and strategic critical infrastructure. The network’s value is estimated to be around €20 billion, according to Bloomberg’s sources.</li></ul>

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