Telecom Italia approves €700m Sparkle subsea unit sale
Deal expected to be finalized in final quarter of 2025
News - Sparkle
The latest news from the data center, telco, and cloud sector
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Sparkle and Turkcell plan subsea cable connecting Turkey and Greece
Cable to link Izmir and Chania
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Telecom Italia board approves Sparkle sale to MEF and Retelit
The deal was examined this week and "unanimously" approved
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Sparkle to land BlueMed cable in Cyprus
Cyta to be the landing partner
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Sparkle partners with OEC to recycle 22,000km worth of unused subsea cable
OEC will dismantle, separate, and sort all components of unused cable ahead of repurposing
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Italian Ministry makes binding €700m offer for Telecom Italia's Sparkle unit
TIM will make a decision on the bid by late January
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Telecom Italia gets €250m for Inwit tower stake, extends deadline for Sparkle talks
Ardian takes complete ownership of Daphne 3
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Sparkle joins Manta subsea cable consortium to connect US and Latam
Gold Data and Sparkle will operate two separate segments under one system
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Google in talks to develop cable landing station in Sicily - report
Company reportedly planning more Mediterranean cable investments
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Italian government makes fresh offer for TIM's Sparkle subsea cable business
Joins forces with Asterion's Retelit business unit
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Telecom Namibia inaugurates Equiano cable landing station
Telecom Namibia secured capacity with Sparkle last month
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Sparkle and Unitirreno to land new subsea cable in Genoa
Cable will land at former's landing station
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Telecom Namibia secures Equiano subsea cable capacity from Sparkle
Comes after West Africa subsea cable outages
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BlueMed subsea cable lands in Chania, Crete
Sparkle's most recent cable landing
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Telecom Italia plans €1 billion asset sale to ease debt
Still wants to sell its subsea cable unit, and may part with remaining stake in its tower company
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Telecom Italia wants improved offer for subsea unit Sparkle
Initial bid not enough says the telco
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Italy's Finance Ministry submits offer for Telecom Italia's subsea unit Sparkle
The offer is set to be examined next week by TIM's board
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Sparkle plans new GreenMed cable in Adriatic Sea
Cable to connect Italy to Turkey via Greece, Croatia, Montenegro, and Albania
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BlueMed subsea cable lands in Bastia, Corsica
Telecom Italia's Sparkle sees another cable landing
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KKR requests extension for fresh Sparkle bid
First bid was deemed too low
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KKR submits bid for Telecom Italia's network grid assets
But will need more time to finalize the approach for submarine unit Sparkle
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First section of Sparkle’s BlueMed subsea cable goes live
Cable initially connects Genoa and Milan; services in Rome, Sardinia, and Corsica coming soon
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Italian gov't poised to take 20% stake in Telecom Italia's NetCo
Could also pave the way for the gov't to take over Sparkle
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Sparkle launches Panama data center
New 3.5MW facility goes live
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BlueMed cable to land in Libya
Libya to get first new cable since 2013
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Panama Digital Gateway data center to launch in June
Will function as data center and subsea cable landing station
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Sparkle confirms landing of BlueMed subsea cable in Palermo, Italy
Will connect Italy with several countries including France and Greece
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Vocus commences laying the Darwin, Australia segment of DJSC subsea cable
Italy also sees the beginnings of the BlueMed cable laid in Genoa