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Wind, 3 Italia set to resume merger talks - report
2015-02-17 15:00:00| Telecompaper Headlines
(Telecompaper) Hutchison Whampoa and VimpelCom are set to resume negotiations about a possible merger of their respective Italian mobile phone units, 3 Italia and Wind Telecomunicazioni, according to unnamed sources cited by Italian daily Il Giornale. Executives from the two parent companies met at the offices of Deutsche Bank in London on 16 February to resume talks that were called off by Vimpelcom in October, said the sources. The companies had been holding on-off talks since December 2013, with Wind's debt of around EUR 9.5 billion representing the main a hurdle to a deal. Wind is currently the third largest mobile operator in Italy behind Telecom Italia (TIM) and Vodafone, with 3 Italia coming in fourth. A merger would create a company with around 33 million customers and annual revenues of some EUR 7 billion.
Telecom Italia Rejigs Services in Recovery Bid
2015-02-16 16:11:06| Telecom - Topix.net
The rollout of next-generation networks is proceeding as planned, but Telecom Italia still needs something of an Italian renaissance if it is to achieve its goal of stabilizing sales and profits over the 2013-16 period. Due to report results for its 2014 financial year on February 20, when it also expects to present a new 2015-17 plan, the Italian incumbent last week claimed to have smashed annual targets in its 2014-16 plan by extending 4G networks to 80% of the population and making fiber broadband services available to 30%.
Tags: services
italia
bid
recovery
Telecom Italia rebrands fixed, mobile and internet under TIM
2015-02-16 08:36:00| Telecompaper Headlines
(Telecompaper) Telecom Italia has announced an ambitious new commercial strategy that will see the operator simplify its price plans by May and rebrand its entire fixed, mobile and internet offer under the TIM commercial brand by 2016. Presenting the rebranding process and simplified pricing strategy to consumer associations, Telecom Italia CEO Marco Patuano said the changes were intended to change the company's "competitive paradigm", enabling it to move "from a market in which competition between operators was based on the so-called 'price war' to a market that is instead characterised by service quality and, even more so, by the full availability of an ultrabroadband network to exploit innovative products." The operator will be simplifying its prices from 01 May, offering a flat-rate "Tutto Voce" (All Voice) plan including unlimited calls to all fixed and mobile phones in Italy for EUR 29 per month including line rental. All consumers who also use an ADSL service as well as their basic telephone line will be able to access the "Tutto" (All) offer, with calls to domestic fixed and mobile phones, unlimited ADSL and line rental for EUR 44.90 per month. Patuano also announced a special initiative giving those who have been Telecom Italia basic telephone customers for more than ten years access to the company's flat-rate ADSL service free of charge for one year, while those who already have ADSL can switch to the operator's fibre-optic service at the same price.
Tags: internet
mobile
fixed
italia
Telecom Italia starts work on name change
2015-02-16 01:00:00| Total Telecom industry news
Italian telco to use mobile brand for fixed telephony and Internet services.
Tags: work
change
italia
starts
Eurobites: Telecom Italia Mulls European M&A
2015-02-03 21:50:30| Telecom - Topix.net
Also in today's EMEA regional roundup: rural broadband rumblings in the UK; smart metering in the Middle East; KPN sells contact center unit. Telecom Italia SpA has hinted that consolidation in Europe could be on the cards, according to a Reuters report , citing a Brazilian newspaper.
Tags: italia
european
telecom
mulls
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