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Telecom Italia Looks Vulnerable

2014-09-30 08:01:35| Telecom - Topix.net

Europe's traditional national operators will be keeping a close eye on Italy in the coming months to see if "one of their own" falls victim to a combination of modern-day market pressures and a faltering survival strategy. The Italian incumbent is attracting interest from a number of potential buyers that sense the telco's vulnerability.

Tags: italia telecom vulnerable telecom italia

Sawiris reiterates interest in Telecom Italia, TIM Brasil

2014-09-30 02:00:00| Total Telecom industry news

Businessman says he would be willing to participate in a Telecom Italia capital increase, but only if the telco retains its Brazilan ops.

Tags: interest italia brasil tim

Ehcolo at UPAKOVKA / UPAK ITALIA Packaging Trade Fair

2014-09-29 12:02:00| Packaging Gateway

Fully automatic packing lines specialist Ehcolo has announced it will be exhibiting its latest products and services at next year's leading packaging trade fair in Russia, UPAKOVKA / UPAK ITALIA, 27 - 30 January 2015.

Tags: trade fair italia packaging

Telecom Italia to extend, amend Telecom Argentina deal

2014-09-29 08:35:00| Telecompaper Headlines

(Telecompaper) Telecom Italia has agreed to a request from US-backed investment fund Fintech to extend the deadline to close the USD 960 million sale of Telecom Argentina by another month, until 24 October, to buy more time to secure regulatory approval from local authorities. At the same time, the operator confirmed in a statement that its management would "evaluate and define with Fintech possible amendments to the sale process", without specifying what those amendments would be. The announcement came after a 7-hour board meeting held on 26 September, which was dominated not only by the company's options in Argentina but also by news of renewed foreign takeover interest. Just before the meeting, the head of Italian internet company ItaliaOnline, controlled by Egyptian tycoon Naguib Sawiris, said Sawiris was still interested in investing in Telecom Italia, despite having an offer rejected in 2012 to buy a stake for EUR 3 billion. "We have always been interested in Telecom. The interest is there and this is known," ItaliaOnline chairman Khaled Bishara told reporters in Milan. On the day before the meeting, a Bloomberg report claimed that US businessman Sol Trujillo, the former CEO of Australian operator Telstra, was seeking to raise EUR 7.5 billion to bid for a stake in Telecom Italia.

Tags: deal italia argentina extend