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Telecom Italia commits to Brazil, works towards Metroweb deal

2016-03-07 01:00:00| Total Telecom industry news

Italian operator's CEO says he is not under pressure to sell out of Brazil.

Telecom Italia wants deal with Metroweb investors in coming weeks-sources

2016-03-04 21:51:48| Telecom - Topix.net

Italian phone company Telecom Italia wants to reach an agreement with investors in fiber optic company Metroweb in coming weeks to development of a broadband network in Italy, two sources close to the matter said on Friday. Metroweb is a small company controlled by infrastructure fund F2i and state lender Cassa Depositi e Prestiti through its investment arm Fondo Strategico Italiano.

Tags: coming deal italia telecom

Telecom Italia CEO discusses future with Vivendi executives

2016-03-04 10:28:00| Telecompaper Headlines

(Telecompaper) Telecom Italia CEO Marco Patuano has held a meeting with Vivendi executives in Paris to discuss strategy issues amid signs that the French media group is reviewing his position, according to unnamed sources cited by Bloomberg. Patuano's term as CEO is due to end in a year and Vivendi is said to be losing patience with his leadership after investing some EUR 3.5 billion to increase its stake in the Italian operator to 23.8 percent. The sources said the executives discussed issues such as cutting costs, revamping Telecom Italia's domestic business as well as options for Brazilian unit Tim Participacoes.

Tags: future italia ceo telecom