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Telecom Italia's (TIM) top investor Vivendi is considering pushing for a board reshuffle at the Italian phone group in an attempt to oust former CEO Luigi Gubitosi, according to four people ...
Domestic revenue, which contributes the bulk of the group's total sales, rose for the first time after five years by 0.6% to 2.9 billion euros, the company said.
In June 2005, TIM merged into Telecom Italia, remaining active as brand for Telecom Italia's mobile telephony offer. [40] Telecom Italia reported mounting debts in 2005, and, one year later, CEO Marco Tronchetti Provera resigned. [41] In 2007 the company was bought by Telco, a consortium of Telefónica and several Italian banks. [42]
On 27 July 1994, by the merger of several telecommunications companies among which SIP, IRITEL, Italcable, Telespazio and SIRM (companies owned by STET), Telecom Italia was born. [ 1 ] [ 2 ] This was due to a reorganization plan for the telecommunications sector presented by IRI to the Minister of Finance.
DEKAL Wireless, a municipal Wi-Fi network owned by Cable & Wireless Communications and operated by FLOW Jamaica; Caricel, a new Jamaican owned startup, soon to offer fixed and mobile broadband via an LTE-A network
BRUSSELS (Reuters) -U.S. investment firm KKR secured unconditional EU antitrust approval on Thursday for its 22-billion-euro ($24 billion) acquisition of Telecom Italia's (TIM) fixed-line network.
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Telecom Italia's (TIM) plan to sell its prized landline grid asset to reduce debt "should and can go well", CEO Pietro Labriola said on Thursday, as sources said bids have not met top shareholder ...