Giorgetti, ‘public control is essential for some of Tim’s strategic assets’

In evaluating the Tim dossier, the government moves along lines whose priorities are “the protection of employment, the protection of technology, since in this sector the dimension of the technological frontier is also fundamental in terms of perspective, and the protection of the network. It is indisputable that within Tim there are assets of a strategic nature for which public control is essential “. This was stated by the Minister of Economic Development Giancarlo Giorgetti in a statement to the Chamber. “If Kkr were to formalize the launch of a takeover bid” on Tim, for which it has so far advanced only a non-binding expression of interest, “a procedure would be activated that will allow the government to take an interest in the initiative and for the release of the required authorizations by the sector regulations, both for the evaluations and consequent determinations in the context of the golden power discipline, an undoubtedly relevant instrument “. Referring to Open Fiber and its role in the optical fiber network, the minister explained that “today there are two main players on the market that are building competing network infrastructures. And in the context, possible synergies can be evaluated to accelerate the infrastructure of the country in a digital sense