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Telecom Italia board looks to heal divisions

2019-06-20 02:00:00| Total Telecom industry news

Two of Telecom Italia's biggest shareholders have agreed to resolve their differences and work together to resurrect the company's performance. Telecom Italia's board has been divided between directors loyal to the company's biggest shareholder…read more on TotalTele.com »

Tags: board italia telecom divisions

 

Vodafone Italia switches on 5G in 5 cities, rising to 100 by 2021

2019-06-05 15:37:00| Telecompaper Headlines

(Telecompaper) Vodafone Italia has switched on its 5G network in five cities across the country ahead of next month's launch of 5G roaming in the UK, Germany, Spain and Italy. The 'Giga Network 5G' service is available in the Milan metropolitan area (including 28 surrounding localities), Rome, Turin, Bologna and Naples, with around 45 to 50 cities to follow next year, rising to a total of 100 by 2021, said the company's CEO Aldo Bisio during the official launch event in Milan. "5G paves the way for a new era of digital development services across the country," said Bisio, adding that "we expect our services to grow exponentially and have a profound social and economic impact."

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Telecom Italia revenues down 3% in Q1, fibre clients soar to 6 mln

2019-05-21 08:55:00| Telecompaper Headlines

(Telecompaper) Telecom Italia reported a 2.9 percent year-on-year decline in revenues to EUR 4.47 billion in the first quarter of 2019, hit by increased domestic competition and the decision to close low-zero margin wholesale contracts at its international services arm Sparkle. The company's EBITDA for the quarter likewise fell, by 2.1 percent year on year on organic terms, to EUR 1.79 billion. However, the company said EBITDA was essentially flat on comparable terms and a substantial improvement on the 9.9 percent slump posted in the final quarter of 2018 thanks in part to a 1.7 percent rise in revenues at its TIM Brasil unit, coupled with cost reduction and a 6.5 percent decline in capital expenditure due to increased efficiency.

Tags: to italia clients telecom

 

Telecom Italia appoints new chairman for Sparkle

2019-05-14 02:00:00| Total Telecom industry news

Telecom Italia has announced that Alessandro Pansa will join the board of its subsea subsidiary, Sparkle, taking up the reins as company chairman. Thanks to his extensive industry experience, Pansa will also serve as Telecom Italia's strategic advisor for cyber security…read more on TotalTele.com »

Tags: italia chairman telecom sparkle

 

Sky Italia finalising plans to launch telephony service, headhunting CEO - report

2019-04-11 14:33:00| Telecompaper Headlines

(Telecompaper) Pay-TV provider Sky Italia is set to imminently launch an MVNO in Italy followed by a fixed line telecommunications service and is headhunting an experienced CEO for the venture, reports local daily La Repubblica. Last year the company confirmed that it was planning to enter Italy's fixed broadband market in summer 2019 after signing a long-term agreement with Open Fiber. The pay-TV giant was then added to regulator Agcom's public register of communications operators (Registro pubblico Operatori di Comunicazione) at the end of 2018 and was reportedly in talks with Vodafone Italia and Telecom Italia about using their frequencies for a Sky-branded mobile service.

Tags: service report plans italia

 

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