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Sky Italia OTT TV to launch in two weeks

2014-03-05 16:59:28| Digital TV News

Sky Italia has begun pre-registration for its new OTT television service in Italy, called Sky Online. The service is expected to be officially launched in two weeks.

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Telecom Italia supports Patuano's plan for independent board

2014-02-28 09:08:00| Telecompaper Headlines

(Telecompaper) Telecom Italia's directors unanimously approved proposals submitted by CEO Marco Patuano to safeguard the interests of minority shareholders when the board comes up for renewal on 16 April. The proposals include cutting the current 15-member board to either 11 or 13 and allowing shareholders who own a voting stake of at least 0.5 percent to present board candidates. The company added in a statement that, under the new guidelines, the new board would have to have a clear majority of directors who are independent from the holding Telco SpA, the largest shareholder in Telecom Italia with a 22.4 percent stake. Telco is controlled by Telefonica and currently has the power to appoint a majority of the board members. Italy's market regulator Consob has raised concerns in recent months that some of the members not appointed by Telco have ties to it. Telefonica CEO Cesar Alierta and another former Telefonica executive stepped down from Telecom Italia's board in December to avoid perceived conflicts of interest in Brazil, where the two operators compete.

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Strength in numbers as Telecom Italia joins M2M group

2014-02-26 01:00:00| Total Telecom industry news

International M2M Council has signed up 1,000 individual members keen to generate ROI from Internet of Things.

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Minucci confirmed as Telecom Italia chairman until April

2014-02-07 09:30:00| Telecompaper Headlines

(Telecompaper) Telecom Italia confirmed the appointment of Aldo Minucci as the company's new chairman at its board meeting held on 06 February, a post he is only expected to keep until April when all directors are due to be re-elected. Minucci is currently the company's vice chairman and has been acting chairman since Franco Bernabe resigned in October. In comments made to financial website First Online, the new chairman said that he would represent the interests of all shareholders over the next three months and that it was unlikely that he would stay on as chairman after the shareholders' meeting scheduled for 16 April because "there is a need to give more space to independent personalities." At the meeting, the board of Telecom Italia also confirmed that it had agreed on a procedure that would introduce new safeguards for shareholders should it decide to sell its Brazilian mobile unit TIM Brasil. In a subsequent statement the company said that the new procedure would apply to all transactions with a value exceeding EUR 2 billion.

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Telecom Italia lays out TIM Brasil plan, names new chair

2014-02-07 01:00:00| Total Telecom industry news

Telco's new procedure covers any deal in excess of 2 billion; competition hit revenues in 2013.

Tags: plan names italia brasil

 

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