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Tag: italia
Telecom Italia mulls Oi merger, sells Brazil towers
2014-11-24 01:00:00| Total Telecom industry news
Italian incumbent clarifies position in Brazil, confirms interest in acquiring Milan's Metroweb.
Tags: italia
brazil
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Eurobites: Telecom Italia Close to Towers Sale
2014-11-22 11:27:29| Telecom - Topix.net
Also in today's EMEA regional roundup: Cable & Wireless & UK spooks; Nokia's traffic jam-buster; Scilly Isles get fibered up. Telecom Italia SpA is close to sealing the deal on the sale of its Brazilian mobile phone towers to American Tower Corp. for around US$1.1 billion, according to a Reuters report .
Tags: close
sale
italia
telecom
Telecom Italia likely to sell Brazil towers to American Tower-sources
2014-11-21 14:17:07| IT Services - Topix.net
Telecom Italia will likely sell the mobile phone towers of its Brazilian unit to American Tower Corp for almost the full targeted amount of 900 million euros , two sources familiar with the situation told Reuters. According to one of the sources, a deal has already been worked out and could be announced at a Telecom Italia board meeting on Friday.
Tags: american
sell
italia
brazil
Telecom Italia likely to sell Brazil towers to American Tower-sources
2014-11-21 12:33:13| Telecom - Topix.net
Telecom Italia will likely sell the mobile phone towers of its Brazilian unit to American Tower Corp for almost the full targeted amount of 900 million euros , two sources familiar with the situation told Reuters. According to one of the sources, a deal has already been worked out and could be announced at a Telecom Italia board meeting on Friday.
Tags: american
sell
italia
brazil
Telecom Italia submits offer for Metroweb stake report
2014-11-19 15:42:00| Telecompaper Headlines
(Telecompaper) Telecom Italia has submitted an expression of interest for a controlling stake in Milan-based broadband provider Metroweb, according to unnamed sources cited by Italian business dailies Il Sole 24 Ore and Milano Finanza. The offer was sent to Italian infrastructure fund F2i, which has a 54 percent stake in Metroweb's holding company Metroweb Italia. One of the sources indicated that Telecom Italia had not revealed how much it would be prepared to pay for the stake but that Vodafone had also expressed interest and may take part in a bidding war. Telecom Italia has yet to comment on the reports but Franco Bassanini, chairman of state-backed holding company Cassa Depositi e Prestiti (CDP), said any auction wouldn't be a one-horse race. "Make no mistake: there will definitely be a competition bids will have to be submitted," he said, according to business website Key4Biz. CDP has a 46.2 percent stake in Metroweb Italia via the FSI fund, while broadband operator Fastweb owns 10.6 percent of Fastweb. Last month Telecom Italia confirmed that CEO Marco Patuano had been given a mandate to make an offer for Metroweb, which could become its fibre optic investment company.
Tags: report
offer
italia
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