Tag: Telecom Italia
ROME (Reuters) – Italy should play a role in resolving the gridlock over Telecom Italia’s (TIM) network assets, possibly by involving state lender Cassa Depositi e Prestiti (CDP), the president of the ruling PD party said in a position paper. Italian politicians have been calling on and off since 2006 for TIM’s network to be […]
PARIS (Reuters) – French media giant Vivendi said on Monday it has no “de facto control” over Telecom Italia under Italian law. Acknowledging “de facto control” over Telecom Italia would compel Vivendi to consolidate its accounts, including an adjusted net financial debt of 25 billion euros ($29.6 billion). Vivendi’s statement, albeit technical in its wording, […]
MILAN (Reuters) – Telecom Italia said on Tuesday it plans to step up investments in faster fixed and mobile networks over the next three years in its home market in Italy where it sees core earnings returning to growth from 2017. The former telecoms monopoly, which has been struggling for years with a lack of […]
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