Italy's Bold Move: State-Backed Rescue for Telecom Italia to Thwart Rival Advances

In a decisive maneuver aimed at stabilizing its telecommunications landscape, the Italian government has unveiled plans for a state-backed intervention in Telecom Italia (TIM). This strategic initiative is set against the backdrop of escalating competition from entities like CVC Capital Partners and Iliad, which have been vying for a larger market share in the Italian telecom sector.

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