The Italian government has approved Telecom Italia's (TIM) sale of its fixed line network to US investment firm, KKR, noting that KKR's ownership does not violate the state's 'Golden Power' rules, which are intended to protect strategic assets.

Neos Networks, a connectivity provider, has announced a major upgrade to its Managed Dedicated Internet Access (DIA) service, which will now offer standard capacities of up to 10Gbps.

Digi Communications is reportedly in advanced talks with a consortium led by Macquarie Capital to sell its fiber-to-the-home network.

PPF Group has agreed to buy a 25% stake in Yettel Hungary and a 20% stake in infrastructure company CETIN Hungary from Hungarian state-owned Corvinus International Investment.

InfraBridge-backed VX UK Holdings Limited and Freedom Fibre Limited, two of the leading UK alternative local fiber providers, have agreed to combine their businesses.

The European Commission has adopted the amendment of the Digital Europe work programmes for 2024, earmarking €762.7 million in funding to advance digital solutions for the benefit of citizens, public administrations, and businesses.

Telecom Italia (TIM) has announced the launch of NetCo, its long-awaited business unit for its fixed-line network, which was sold to KKR earlier this month for €28.8 billion.

BT and Telstra Broadcast Services (TBS) have formed a five-year strategic alliance to bring together each company's global media network teams, leveraging their extensive network infrastructure and localized knowledge.

Norwegian telecommunications company Telenor has decided to sell Telenor Satellite to Space Norway, a major player in Norway's space industry. On an enterprise value basis, the sales price is NOK 2.36 billion ($217 million). As Space Norway is wholly owned by the Norwegian government, the transaction is subject to Norwegian Parliament approval. The transaction is expected to close in January of next year.

Viasat and Deutsche Telekom have announced a new long-term agreement to provide in-flight connectivity (IFC) solutions to airline partners across the European Aviation Network (EAN).