Vivendi legal threat clouds Telecom Italia grid deal
By Elvira Pollina MILAN (Reuters) -Shares in Telecom Italia (TIM) slipped on Monday after investor Vivendi threatened a legal challenge to the former phone monopoly’s …
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Explainer-What’s at stake in Telecom Italia grid deal?
MILAN (Reuters) – Telecom Italia (TIM) on Sunday approved the sale of its fixed-line network to U.S. private equity firm KKR in a deal that …
Telecom Italia reviews KKR’s bid as rival plan emerges
By Elvira Pollina MILAN (Reuters) – Telecom Italia (TIM) directors will on Friday begin assessing a multi-billion euro bid for its fixed-line grid from U.S …
Telecom Italia sounds out buyers for stake in enterprise unit -Bloomberg News
(Reuters) – Telecom Italia is restarting its efforts to sell a minority stake in its enterprise unit, potentially valued at more than 6 billion euros …
Vivendi-backed candidate faces rival for seat on Telecom Italia board, sources say
MILAN (Reuters) – Telecom Italia’s (TIM) leading investor Vivendi is facing a rival candidate in the race to fill a vacant seat on the former …
Telecom Italia urged to call board meeting to name Vivendi candidate – sources
MILAN (Reuters) – Telecom Italia (TIM) is being urged by some directors to hold an extraordinary board meeting to name a candidate sponsored by top …
Vivendi indicates ex-Leonardo chairman for Telecom Italia board-sources
MILAN (Reuters) – Telecom Italia’s top shareholder Vivendi has proposed Luciano Carta, a former chairman at Italian defence group Leonardo to fill a vacant seat …
Telecom Italia CEO says service business can stand on own two feet
MILAN (Reuters) – The head of Telecom Italia (TIM) said the company’s service business is “already sustainable” as a standalone entity and is expected to …
Telecom Italia in talks with unions on up to 2,000 job cuts in Italy
MILAN (Reuters) – Telecom Italia (TIM) is seeking to cut as many as 2,000 jobs in Italy through a voluntary early retirement scheme as part …
Telecom Italia boosted by rival offer for landline grid
By Elvira Pollina MILAN (Reuters) -Telecom Italia (TIM) shares rose as much as 5% on Monday after Italian state investor CDP and Australian fund Macquarie …
Factbox-Who wants what in a reshaped Telecom Italia
MILAN (Reuters) – Leading Telecom Italia (TIM) investors will resume talks with Italian government officials on Thursday seeking to fix the former phone monopoly’s woes …
Telecom Italia sounds out investor interest as govt reviews network options
By Elvira Pollina and Giuseppe Fonte MILAN (Reuters) – Telecom Italia (TIM) is exploring investors’ interest in buying into its assets, sources familiar with the …
Telecom Italia CEO sees scope for improving 2023, 2024 financial targets
MILAN (Reuters) – Telecom Italia (TIM) will likely improve its financial targets for the next two years, the head of Italy’s biggest phone group told …
Fitch downgrades Telecom Italia to ‘BB-‘
(Reuters) -Ratings agency Fitch on Tuesday downgraded Telecom Italia’s credit rating to ‘BB-‘ from ‘BB,’ citing insufficient debt reduction in 2022. Fitch said its outlook …
Telecom Italia CEO met Meloni’s chief of staff on Wednesday – sources
By Giuseppe Fonte and Elvira Pollina ROME (Reuters) – The head of Telecom Italia (TIM) met a top aide of new right-wing Italian Prime Minister …
S&P downgrades Telecom Italia to ‘B+’ on weak macro environment
(Reuters) – S&P Global said on Friday it had cut the credit rating of Telecom Italia (TIM) to “B+” from “BB-” citing a weak macroeconomic …
Telecom Italia lifts profit outlook helped by cost cutting
MILAN – Telecom Italia (TIM) on Wednesday improved its core profit target for the year, helped by cost cutting and the contribution from the company’s …
Make or break: Telecom Italia to map out future after years of turmoil
By Elvira Pollina MILAN – The head of Telecom Italia (TIM) will set out his plans for Italy’s biggest telecoms company on Thursday, pinning his …
Telecom Italia to get state guarantee for $2.1 billion loan – sources
By Giuseppe Fonte and Valentina Za ROME – The Italian Treasury is set to guarantee a 2 billion euro ($2.1 billion) bank credit line for …
Telecom Italia, CDP start network talks as KKR bid falters
By Elvira Pollina MILAN – Telecom Italia (TIM) has signed a non-disclosure agreement with Italian state lender CDP to start formal talks on potentially combining …
Telecom Italia starts dialogue with KKR over bid terms
MILAN – Telecom Italia (TIM) this week began a dialogue with U.S. private equity fund KKR over a takeover approach which has been put on …
Telecom Italia to present standalone plan as KKR hovers
By Elvira Pollina MILAN – Telecom Italia (TIM) will this week set out its alternative to a 10.8 billion euro ($12 billion) takeover by U.S. …
Telecom Italia weighs sale of INWIT stake as workers stage strike
By Elvira Pollina MILAN -Telecom Italia (TIM) is considering selling its stake in mobile tower group INWIT to French investment fund Ardian as part of …
Italy’s competition watchdog clears Telecom Italia fiber scheme
MILAN – Italy’s competition watchdog said on Thursday it had approved Telecom Italia’s unit FiberCop co-investment scheme aimed at boosting fiber rollout across the country. …
Telecom Italia dismisses press report on new plan’s targets
MILAN – Italy’s former phone monopoly Telecom Italia on Sunday dismissed as “unfounded and harmful for the group” a newspaper report concerning financial targets in …
KKR ready to veto any Telecom Italia plan to carve out network – paper
MILAN – KKR could block any move by Telecom Italia (TIM) to carve out a network company by vetoing a transfer of last-mile landline unit …
Telecom Italia board to discuss network spinoff in slow-burn KKR drama
By Elvira Pollina MILAN – The board of Telecom Italia (TIM) will discuss the group’s overhaul on Monday as newly appointed chief executive Pietro Labriola …