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Tag: italia
Telecom Italia Cut to Junk by S&P Month After Moody's Downgrade
2013-11-15 12:47:55| Telecom - Topix.net
Telecom Italia SpA had its rating cut to junk by Standard & Poor's, which said Italy's biggest phone company is unlikely to reduce debt fast enough to offset declining earnings.
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cut
italia
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Euronews: Telecom Italia Bails Out of Argentina
2013-11-14 18:31:51| Steel - Topix.net
Also in today's EMEA roundup: Profits way down at Telekom Austria; Polkomtel to change hands; hydrogen-powered phone chargers for Africa.
Tags: italia
argentina
telecom
telecom italia
Telecom Italia sells Telecom Argentina stake for USD 960 mln
2013-11-14 09:49:00| Telecompaper Headlines
(Telecompaper) Telecom Italia has agreed to sell its entire stake in Telecom Argentina to Fintech Group for USD 960 million. The operator confirmed in a statement that Fintech would buy the Telecom Argentina shares held by its units Telecom Italia International, Sofora Telecomunicaciones, Nortel Inversora and Tierra Argentea. The company added that USD 100.5 million of the total corresponds to additional agreements related to the transaction, including an agreement to continue providing the Telecom Argentina companies technical support and other services for up to three years.
Tags: italia
argentina
usd
telecom
Telecom Italia agrees to sell Telecom Argentina stake
2013-11-14 01:00:00| Total Telecom industry news
$960 million deal with Fintech Group to help Italian incumbent pay off part of its huge debt.
Tags: sell
italia
argentina
telecom
Telefonica won't take complete control of Telecom Italia parent
2013-11-14 01:00:00| Total Telecom industry news
Shareholder agreement prevents Spanish incumbent from increasing its Telco stake to more than 49%.
Tags: complete
control
italia
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