KKR skips early EU concessions in Italian telecoms deal – POLITICO

KKR declined to comment and TIM didn’t respond to a request for comment.

KKR agreed last year to buy fixed assets belonging to the former Telecom Italia in a deal that valued the network at up to €18.8 billion, according to a November statement. The company is aiming to complete the deal this summer.

Regulators last month quizzed telecoms rivals about how the deal might affect wholesale prices and network quality.

KKR is the main shareholder of POLITICO’s owner Axel Springer.

This article has been updated with Commission comment.