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No hard feelings: TIMs decision to exclude Huawei from 5G core not politically driven

2020-07-20 02:00:00| Total Telecom industry news

Earlier this month, Telecom Italia (TIM) took the decision to exclude Huawei from the upcoming tender process to build its 5G cores in Italy and Brazil. Instead, TIM invited rivals, including Cisco, Ericsson, Nokia, Mavenir, and Affirmed Networks, to bid. Particularly in terms of Italy itself, this decision was not all that surprising…read more on TotalTele.com »

Tags: not hard decision core

TIM's revolving door brings stability, not upheaval...for now

2019-09-27 02:00:00| Total Telecom industry news

Changes in personnel, at management or board level, have historically been a sign of turbulence at TIM, but this week's announcement that chairman Fulvio Conti has tendered his resignation signals exactly the opposite for the Italian incumbent. Conti's decision to depart suggests new stability amidst the powers that be at TIM…read more on TotalTele.com »

Tags: now door brings stability

Vivendi withdraws bid to oust 5 directors from TIM's board

2019-04-01 02:00:00| Total Telecom industry news

Telecom Italia's biggest shareholder, Vivendi, has withdrawn its petition to remove 5 board members loyal to activist investor, Elliott Management Fund. TIM's boardroom is currently embroiled in the grips of a battle between its biggest shareholder Vivendi and activist investor fund Elliott Management. Elliott currently controls the fragile balance of power in the TIM boardroom…read more on TotalTele.com »

Tags: board bid directors vivendi

Vivendi slams TIM's 'disastrous' performance since Elliott took over

2018-09-06 08:42:00| Telecompaper Headlines

(Telecompaper) French media giant Vivendi has slammed the performance of Telecom Italia (TIM) since activist fund Elliott seized control of the operator's board in May. In a statement, the company said it's "deeply concerned by the disastrous management of Telecom Italia" since Elliott took control, describing TIM's market performance since then as "dramatic." TIM's share price has lost 35 percent since May, even though the fund had promised to double it within two years, added Vivendi, which remains largest shareholder with a 24 percent stake.

Tags: performance took elliott disastrous