Telecom Italia Media and Italian multimedia group L’Espresso have signed a non-binding term sheet for the possible merger between Telecom Italia Media Broadcasting (TIMB) and the operations of the network operator Rete A (controlled by L’Espresso).

This merger, which would integrate five multiplexes with national coverage (three from TIMB and two from Rete A) on a single digital platform, would create Italy’s leading independent network, under Telecom Italia Media’s control.

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