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Tag: italia
Sawiris confirms Telecom Italia stake interest
2013-09-09 02:00:00| Total Telecom industry news
Egyptian businessman remains cautious after report claims Rome more interested in tie-up with Telefonica.
Tags: interest
italia
telecom
stake
Sawiris confirms interest in Telecom Italia
2013-09-08 13:20:00| Telecompaper Headlines
(Telecompaper) Egyptian tycoon Naguib Sawiris is still interested in taking a stake in Telecom Italia but might be discouraged if the Italian government was opposed. In an interview with Reuters, Sawiris said he was considering a "potential investment in Telecom Italia" but might not submit a proposal "in view of (Italy's)... alleged preference for Telefonica reported in the Italian press." Earlier, an Italian newspaper reported that the Italian government would prefer a merger between Telecom Italia and Telefonica rather than an investment by Sawiris. However in an interview with Reuters, Italy Economy Minister Fabrizio Saccomanni said Rome welcomed foreign investments and companies should be left to decide on their future strategy. "We don't have any strategy to prevent such investments," the minister said on the sidelines of the Ambrosetti forum in Cernobbio. "We don't necessarily have a role to play in single negotiations and I think it should be up to the companies involved to decide on the terms and conditions for foreign takeovers." In a related development, insurance company Generali said it was willing to sell its stake in Telecom Italia in order to focus on its insurance business, but would decide on the timing of any potential sale after the board meeting on 19 September.
Tags: interest
italia
telecom
confirms
Sawiris eyes Telecom Italia, but concerned about Rome
2013-09-07 17:46:20| Telecom - Topix.net
Egyptian telecoms tycoon Naguib Sawiris said on Saturday he was still interested in taking a stake in Telecom Italia but might be discouraged if the Italian government was opposed.
Tags: eyes
italia
concerned
telecom
AT&T, Sawiris reportedly eyeing Telecom Italia stake
2013-09-06 02:00:00| Total Telecom industry news
U.S. operator, Egyptian investor alleged to have contacted shareholders seeking to exit parent company Telco.
Tags: italia
att
telecom
stake
AT&T, America Movil, Sawiris sound out Telecom Italia: source
2013-09-05 16:38:47| Telecom - Topix.net
Egyptian tycoon Naguib Sawiris, AT&T and America Movil have made contact with the core Telecom Italia investors who want to sell their shares in the Italian group, a source close to the situation said.
Tags: source
sound
america
italia
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