Still wants to sell its subsea cable unit, and may part with remaining stake in its tower company

Initial bid not enough says the telco

The offer is set to be examined next week by TIM's board

Cable to connect Italy to Turkey via Greece, Croatia, Montenegro, and Albania

Telecom Italia's Sparkle sees another cable landing

First bid was deemed too low

But will need more time to finalize the approach for submarine unit Sparkle

Cable initially connects Genoa and Milan; services in Rome, Sardinia, and Corsica coming soon

Could also pave the way for the gov't to take over Sparkle

New 3.5MW facility goes live

Libya to get first new cable since 2013

Will function as data center and subsea cable landing station

Will connect Italy with several countries including France and Greece

Italy also sees the beginnings of the BlueMed cable laid in Genoa

The bid values TIM's assets at $22 billion

Exploring a different way to help the cash-strapped telco

Bagnasco will hope to shine as Sparkle appoints another CEO

CVC wants Noovle, Telsy, and Olivetti units, as TIM considers KKR bid for whole company

Company looking at restructure and potential sales amid reduced guidance

Telecom Italia subsidiary opens 7.7MW facility, its fourth in the country

Negotiating ocean waves and geopolitical quagmires

Awaits LEED rating to begin construction