MILAN, June 24 (Reuters) - Telecom Italia (TIM) will

finalise the landmark sale of its domestic fixed line access

network to KKR on July 1, the Italian company said on

Monday.

The deal is worth up to 22 billion euros ($23.6 billion) and

is aimed at slashing TIM's debt pile and revamping the ailing

former phone monopoly.

TIM also said its board would meet on July 31 to review

preliminary financial results for the period to the end of June.

($1 = 0.9322 euros)