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Tag: italia
Spain's Telefonica in talks to exit Telecom Italia: report
2014-07-11 22:18:22| Telecom - Topix.net
Spain's Telefonica SA is in talks to sell its stake in Telecom Italia in a move that could ease regulatory pressure in Brazil's wireless market, Brazilian newspaper Folha de S.Paulo reported on Friday.
Tags: report
italia
exit
telecom
Payleven enters partnership with Telecom Italia
2014-07-03 18:37:45| Telecom - Topix.net
Payleven, the mPOS provider, has partnered with Telecom Italia to enable Italian business owners to accept card payments, as required by a new law.
Tags: italia
partnership
telecom
enters
Telecom Italia investor group Telco confirms break-up
2014-06-27 08:48:00| Telecompaper Headlines
(Telecompaper) The Telco SpA investor group that controls Telecom Italia via a 22.4 percent holding confirmed in a board meeting held on 26 June that the 7-year pact is to be unravelled. All three Italian partners in the Telefonica-dominated group have taken the first opportunity to exit after an agreement reached last September gave them the right to unwind their interests starting on 15 June. "The Board acknowledged receipt of the notices received from shareholders Assicurazioni Generali SpA, Mediobanca SpA and Intesa Sanpaolo SpA on 16 June 2014, stating their intention to exercise their right to request the demerger of Telco under the terms of the shareholders' agreement," confirmed the group in a statement, adding that Telco will be dissolved as soon as regulators sign off on the plan. After the demerger Telefonica will remain the largest shareholder in Telecom Italia, with a direct stake of 14.77 percent, while Generali will have 4.3 percent and Mediobanca and Intesa Sanpaolo 1.6 percent each. Telco also approved its financial statements for the year to 30 April 2014, reporting a loss of EUR 952.5 million and confirming that it had written down its stake in Telecom Italia by EUR 830.5 million after the stock slumped.
Tags: group
italia
investor
telecom
Telecom Italia shareholders go their separate ways
2014-06-27 02:00:00| Total Telecom industry news
Telco reports 830.5 million writedown; board approves demerger.
Tags: ways
separate
italia
telecom
Entone provides Live TIM Blue Box for Telecom Italia in Brazil
2014-06-23 17:00:21| Digital TV News
Entone has announced that it has been selected by TIM Brasil for their 'Live TIM Blue Box' launch. The product provides a blend of live free-to-air television and OTT video.
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