Telecom Italia to acquire two Italian units of BT Group for $108m.

Telecom Italia, a telecommunication carrier company, agreed to acquire two Italian units of BT Group, a telecommunication company, for $108m. The planned transaction will enable TIM to expand its supply of communications and connectivity services, accelerating digitalisation of the public affairs at central, regional and local levels in the country. With the planned integration of the SME business unit, TIM would further diversify the offer of secure and efficient ICT and cloud solutions for small and medium businesses.