Telecom Italia (TIM) has reached an out-of-court agreement with Vodafone to put an end to most of the legal battles undertaken by the two rivals in recent years, according to information gathered by La Stampa. Under the global settlement, signed at the end of May, the groups have abandoned demands for damages and commercial disputes against each other, amounting to €2 billion (US$2.3 billion) worth of claims.
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