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Telecom Italia, Hutch confirm the deal's off

2013-07-05 02:00:00| Total Telecom industry news

Italian mobile operators say preliminary talks over merger of operations came to nothing.

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Telecom Italia sells MTV Italia stake to Viacom

2013-07-04 11:02:00| Telecompaper Headlines

(Telecompaper) Telecom Italia Media announced an agreement to sell its 51 percent stake in MTV Italia to Viacom International Media Networks, giving the US company full control of the Italian music channel. Telecom Italia will receive EUR 10 million for its stake and agreed to waive a EUR 9.7 million loan to MTV Italia. The parties also agreed to a multi-year renewal of a contract with Telecom Italia Media's broadcasting services arm for transmission capacity and services. Subject to regulatory approval, the deal is expected to close by the end of September. The sale follows TI Media's earlier divestment of the La7 TV channel, as part of efforts to reduce its debt and improve profitability. After disposing of the MTV stake, its only remaining activity is Telecom Italia Media Broadcasting, a DTT broadcast services provider.

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Telecom Italia, Hutch merger talks called off

2013-07-04 02:00:00| Total Telecom industry news

Discussions over mobile merger in Italy have come to an end, Reuters reports.

Tags: called italia telecom talks

 

Telecom Italia Media sells MTV Italia

2013-07-04 02:00:00| Total Telecom industry news

Sale of music channel to Viacom expected to close by end of September.

Tags: media italia telecom mtv

 

Telecom Italia to decide on Hutchison Whampoa deal on Thursday

2013-07-03 02:00:00| Total Telecom industry news

Italian incumbent to make decision on tie-up with Hong Kong telco at its board meeting.

Tags: thursday deal italia decide

 

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