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Tag: telecom italia
Telecom Italia needs to review Brazil strategy - CEO
2015-09-22 09:01:00| Telecompaper Headlines
(Telecompaper) Telecom Italia will be reviewing its strategy in Brazil in a forthcoming board meeting due to the worsening economic situation in the country, according to CEO Marco Patuano. "For our Brazil unit, we are focused at the moment on organic investments but we need to review the strategic plan since the situation in Brazil worsened a lot," said Patuano at a recent event, according to Bloomberg. Brazil currently generates nearly 30 percent of the Italian operator's revenue through its ownership of around two-thirds of TIM Brasil, the South American country's number two mobile operator, valued at around USD 5.1 billion. Telecom Italia also plans to use the meeting to review its strategy for mobile tower unit Inwit, for which it is seeing "strong interest", according to Patuano.
Tags: review
strategy
italia
brazil
Telecom Italia to review Brazil strategy
2015-09-22 02:00:00| Total Telecom industry news
Recession reportedly gives CEO Marco Patuano pause for thought.
Tags: review
strategy
italia
brazil
Telecom Italia confirms towers interest
2015-09-22 02:00:00| Total Telecom industry news
Marco Patuano says board will discuss INWIT's future this week.
Tags: interest
italia
telecom
towers
Telecom Italia rethinking Brazil strategy amid recession
2015-09-22 01:44:03| Telecom - Topix.net
The Brazilian recession is forcing Telecom Italia to review strategy , CEO Marco Patuano says, as tides have turned in the country that provides nearly 30% of TI's revenue. In January, Patuano said TI would invest "much more" in Brazil after meeting with the communications minister, and in February the company said it would put more than $3.6B into the country.
Tags: strategy
italia
brazil
telecom
Cellnex denies move for Telecom Italia towers stake
2015-09-18 02:00:00| Total Telecom industry news
Spanish operator says it is looking for growth opportunities in Europe, but is not working on a deal with INWIT.
Tags: move
italia
telecom
stake
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