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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

 

Sawiris, AT&T eye Telecom Italia - report

2013-09-05 15:52:00| Telecompaper Headlines

(Telecompaper) AT&T and Egyptian investor Naguib Sawiris 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 told Reuters. The two have not expressed a formal interest in buying a stake in Telecom Italia, the report said. Telecom Italia is 22.4 percent-owned by the Telco consortium, which is in turn controlled by Italian banks Mediobanca and Intesa Sanpaolo, insurer Generali and Telefonica. The financial companies have made clear they are looking to sell their stakes, and the shareholders pact gives them their first option to do so this month. The option can be exercised until 28 September. Telecom Italia is expected to discuss the issue at its next board meeting on 19 September. Sawiris, who previously controlled Italian operator Wind, approached Telecom Italia lastyear with an offer for a capital injection, but the board rejected the proposal. Italian daily la Repubblica reported earlier that Telecom Italia chairman Franco Bernabe will propose to the board a reserved capital increase to bring in a new investor. Sawiris is reportedly the favoured candidate to take new shares or acquire the stakes of the Italian financial investors.

Tags: report italia eye att

 

Telecom Italia moves into M&A spotlight

2013-09-01 06:25:22| Telecom - Topix.net

MILAN: Telecom Italia SpA shares jumped as much as 10 percent yesterday, on speculation it might be the next quarry in a recent upsurge in dealmaking in Europe's telecoms industry.

Tags: italia moves telecom spotlight

 

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