At the end of the year, very important news arrives for the fixed telephony sector in Italy. Linkem and Tiscali have just announced a merger agreement .
According to what has just been communicated by the two companies, Linkem will be merged into Tiscali, forming the party with the major control of the company, equal to 62% . From a technical point of view, this is the merger of the three companies Tiscali Spa , Linkem Spa and Linkem Retail srl .
The merger agreement will therefore bring the fifth fixed telephony operator to the Italian market. This will start from the market share of 19.4% held by Linkem in the FWA-FTTH sector.
The financial transactions for the merger between Linkem and Tiscali should be completed by first half 2022 , barring complications with the necessary authorizations. We will come back to update you once the market plans of the new operator that will be born are also defined.
