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Vivendi close to upping Telecom Italia stake again

2015-10-02 02:00:00| Total Telecom industry news

French conglomerate reportedly aims to raise shareholding to 19%.

Tags: close italia telecom stake

 

Telecom Italia hoping to close Inwit sale this year - report

2015-09-29 09:42:00| Telecompaper Headlines

(Telecompaper) Telecom Italia is looking to close a sale or merger of its mobile-phone tower unit Inwit by the end of 2015, according to two unnamed sources cited by Reuters. The news comes after the company's board gave CEO Marco Patuano a mandate to explore the sale of Inwit, whose share value has risen sharply since Telecom Italia raised around EUR 780 million in June from an IPO of a 40 percent stake in the company. One of the sources said Telecom Italia was prepared to cede control of Inwit but wanted to keep a minority stake in the unit. Numerous sources have suggested that Spain's Cellnex Telecom and Italian infrastructure fund F2i are interested in Inwit, without other possible bidders including state-controlled RaiWay and Mediaset-owned EI Towers.

Tags: year report close sale

 
 

Vodafone Italia launches Smart Speed, Smart Ultra phones

2015-09-29 09:14:00| Telecompaper Headlines

(Telecompaper) Vodafone Italia has launched its own-brand Smart Speed 6 and Smart Ultra 6 smartphones, two LTE-enabled Android 5.1 handsets available in combination with a number of prepaid and postpaid tariffs. The Alcatel-manufactured Smart Speed 6 is available for EUR 99.99 unlocked and features a 4.5-inch screen, a 1.1 GHz quad-core processor and 1 GB RAM. It has 8 GB of internal storage, a 5-megapixel rear camera, 2-megapixel selfie camera and is fuelled by a 1,780 mAh battery. The Smart Ultra 6, meanwhile, has a 13 megapixel rear-facing Sony camera, 5 megapixel front-facing camera, Qualcomm octa-core processor, 2 GB RAM and a 3,000 mAh battery. The handset is available for EUR 249.99 unlocked and anyone acquiring it before 11 October will receive a free top-other party of EUR 10 per month for five consecutive months.

Tags: speed italia phones smart

 

Telecom Italia to explore sale of tower unit Inwit

2015-09-28 08:48:00| Telecompaper Headlines

(Telecompaper) Telecom Italia has given its CEO a mandate to explore the sale of its mobile-phone tower unit Inwit, with Spain's Cellnex Telecom and Italian infrastructure fund F2i said to be among the interested bidders. "Telecom Italia will explore opportunities to enhance the value of the Inwit stake," said Telecom Italia in statement released after its board meeting in Rio de Janeiro. Inwit operates some 11,500 sites across Italy and the operator raised around EUR 875 million after selling a 40 per cent stake in the unit in an IPO held in June, retaining 60 percent of the company. Sources cited in a recent Bloomberg report suggested Spain's Cellnex Telecom was considering a bid for 30 percent of the tower unit, but CEO Marco Patuano later said there had been no contact with the Spanish operator over Inwit. In addition, Telecom Italia took advantage of the board meeting to confirm it had no plans to sell its 67 percent stake in TIM Brasil, saying it "expected to consolidate its long-term presence" in Brazil.

Tags: sale unit italia explore

 

Telecom Italia explores towers sale, reaffirms LatAm strategy

2015-09-28 02:00:00| Total Telecom industry news

Italian incumbent once again insists that Brazil is a strategically important asset, remains committed to Argentina through sale process.

Tags: sale strategy italia telecom

 

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