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Telecom Italia sells historic Milan HQ for EUR 75 million

2014-04-01 09:27:00| Telecompaper Headlines

(Telecompaper) Telecom Italia has announced the sale of its historic headquarters in Milan's Via Negri to Fondo Inarcassa RE for EUR 75 million. However, the company specified that it had signed a long-term rental contract at the same time as the deed of sale, so the building will remain the Milanese headquarters of Telecom Italia for the foreseeable future. Located in one of the most sought-after locations in Milan city centre, very close to the Piazza Affari stock exchange and the Duomo, the 11,600 square meter building has 6 floors above ground and was completely refurbished in 2007. It is mainly filled up with offices, but also houses a telephone exchange on the ground floor and basement. The sale is part of a major real estate rationalisation plan encompassing some 14,000 buildings, with Telecom Italia looking to reduce annual rental costs that currently stand at around EUR 700 million.

Tags: eur million italia historic

 

AIC to Address Growing Needs of Telecom Market with FIPS/NEBS Compliant Network Appliances, ...

2014-04-01 06:00:00| Industrial Newsroom - All News for Today

LAS VEGAS - INTEROP - AIC, a leading provider of OEM/ODM server and storage solutions, today announced its capability to address the growing needs of the telecommunications market at Interop Las Vegas 2014 held in the Mandalay Bay Convention Center between April-1(st) and 3(rd).<br /> <br /> AIC will be showing new solutions from its full-line of x86 FIPS/NEBS compliant network appliances that meet various application requirements of the central office. All AIC FIPS/NEBS compliant servers are ...This story is related to the following:Internet Appliances |

Tags: address network market growing

 
 

Proxy adviser Glass Lewis backs Recchi as chairman of Telecom Italia

2014-03-31 21:52:52| Telecom - Topix.net

Proxy advisor Glass Lewis has recommended that Telecom Italia investors vote in favour of Giuseppe Recchi as chairman of the board when shareholders meet on April 16, it said in a document seen by Reuters.

Tags: italia glass lewis chairman

 

iSchool Project Launches with Ericsson, Bhutan Telecom and Bhutan's Education Ministry

2014-03-29 11:33:38| Telecom - Topix.net

Ericsson has partnered with the Ministry of Education, Government of Bhutan and Bhutan Telecom to roll out the country's pilot eLearning project 'iSchool' across six schools in Bhutan.

Tags: education project telecom ministry

 

Chairman candidate says Telecom Italia must act as true public company

2014-03-28 23:09:54| Telecom - Topix.net

Giuseppe Recchi, the frontrunner to become chairman of Telecom Italia, said Italy's largest telecoms group by market value must act as a true public company and as chairman he would represent all shareholders equally.

Tags: company public true act

 

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