Telecom Italia’s board approved the sale of the former monopoly’s fixed-line network to KKR for more than $20 billion, part of the company’s plan to reduce increasingly unmanageable amounts of debt.

Telecom Italia’s board approved the sale of the former monopoly’s fixed-line network to KKR for more than $20 billion, part of the company’s plan to reduce increasingly unmanageable amounts of debt. https://ift.tt/t0BnIx6