FILE PHOTO: Telecom Italia new logo is seen at the headquarter in Rozzano neighbourhood of Milan, Italy, May 25, 2016. REUTERS/Stefano Rellandini/File Photo
MILAN (Reuters) -Private equity firm KKR is eyeing a further investment in Telecom Italia's fixed-line network as Italy's main telecoms group weighs options for its assets to appease top investor Vivendi, three sources close to the matter said.
Vivendi is piling pressure on Telecom Italia (TIM) Chief Executive Luigi Gubitosi after TIM issued two profit warnings in three months, cutting its free cash flow outlook and stoking concerns about its 22 billion euros ($25 billion) in net debt.
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