EC accuses KKR of misleading it over TIM network deal

The European Commission issued a Statement of Objections alleging KKR may have submitted incorrect or misleading information about wholesale access terms during its 2024 review of the Telecom Italia fixed network deal. Operators later complained that FiberCop raised prices. KKR said it strongly disagrees and will challenge the preliminary findings.

• EC alleges KKR gave incorrect or misleading data on wholesale access terms
• Operators complained FiberCop raised prices after the deal closed
• KKR says it will vigorously challenge the preliminary allegations
• The Commission's existing clearance of the transaction remains valid