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Generali confirms plan to sell Telecom Italia stake

2014-06-12 02:00:00| Total Telecom industry news

Insurance company's planned exit could pave way for new investors or heightened tension between Telefonica and Brazilian antitrust watchdogs.

Tags: plan sell italia telecom

 

3 Italia and Wind resume mobile merger talks - report

2014-06-04 13:23:00| Telecompaper Headlines

(Telecompaper) Hutchison Whampoa and VimpelCom have resumed high-level talks about a possible merger of their respective Italian mobile phone units, 3 Italia and Wind Telecomunicazioni, according to unnamed sources cited by Reuters. The chances of a merger going ahead have increased following the EC's approval of Hutchison Whampoa's acquisition of O2 Ireland, said the sources. A partial refinancing of Wind's debt of around EUR 9.5 billion has also created a new momentum for the deal to happen, with the debt refinancing plan announced in April specifically allowing for a change of ownership. Vimpelcom has hired Morgan Stanley to advise on the deal, while Goldman Sachs is working with Hutchison, according to the sources. Italian bank Mediobanca is also expected to have a role. Although the parties have been negotiating for over six months and reportedly came very close to agreeing a deal in December, Wind's debt has proved a stumbling block. In March Italian daily La Repubblica suggested that certain assets such as mobile towers and Wind's fixed line business Infostrada could be sold to reduce debts and clear the way for a deal.

Tags: report mobile italia wind

 
 

Telefonica, Telecom Italia clash over Brazil situation

2014-06-02 02:00:00| Total Telecom industry news

Spanish incumbent reportedly still pushing for break-up of TIM Brasil.

Tags: situation italia brazil telecom

 

INSIDE Secure and Thomson Video Networks team up on Sky Italia security

2014-05-28 08:00:00| Digital TV News

INSIDE Secure and Thomson Video Networks have announced that Sky Italia will deploy Thomson Video Networks ViBE VS7000 multiscreen video encoder with INSIDE Secures Downloadable DRM Fusion Agent.

Tags: video team security inside

 

Generali looks to quit Telecom Italia investment group in June

2014-05-23 20:05:28| Telecom - Topix.net

Italian insurer Generali is looking to leave the investment grouping through which it jointly controls Italy's biggest phone group Telecom Italia as early as June, its chairman said on Friday.

Tags: group june italia investment

 

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