Brazil urges Telefonica to exit stake in rival TIM Brasil
Brazil antitrust watchdog Cade ruled on Wednesday that Spain's Telefonica SA must exit its direct and indirect stake in wireless carrier TIM Participacoes SA or seek a new partner for its Vivo mobile phone unit.
UPDATE 2-Investor campaign against Telecom Italia board gains traction
An activist shareholder campaign to reform Telecom Italia won traction on Wednesday as influential proxy adviser ISS recommended institutional investors back a proposal to remove the company board at a meeting on Dec. 20. The potentially disruptive vote comes as Italy's biggest phone company by market share tries to revive years of sluggish growth ... (more)
Tue Dec 03, 2013
Telecom Italia denies selling TIM Brasil
Milan, December 2 - Telecom Italia on Monday dismissed reports of a possible deal to sell its majority stake in Brazilian group TIM Participacoes.
Mon Dec 02, 2013
Buenos Aires Herald
Fintech to present documentation
The Fintech Advisory investment fund plans to present the relevant documentation to formally acquire Telecom Argentina before Argentine authorities this week, sources at the group told state-run news agency Tlam.
Thu Nov 28, 2013
SIM-Fraud Charges Against Telecom Italia Managers Dropped
An Italian court is expected to drop charges against three former Telecom Italia managers who had been accused of incorrectly inflating subscriber numbers.
Wed Nov 27, 2013
The Washington Post
Telecom Italia Said to Work With Morgan Stanley on Brazil Towers
Telecom Italia SpA is working with Morgan Stanley to sound out interest in its mobile-phone towers in Brazil from potential bidders such as American Tower Corp., according to people familiar with the matter.
Thu Nov 21, 2013
SADIF Analytics releases new rating update reports for USA stocks
Ilhavo, Portugal - SADIF Investment Analytics, announces a new rating update report covering the following companies: Report Summary for: Sterling Bancorp is an average quality company with a neutral outlook.
Telecom Italia does not need to merge with rivals in Italy-CEO
"Telecom does not need to merge with competitors. That would create dominant positions, even though there are nice telecoms assets around such as Metroweb's," Patuano told a parliamentary hearing.
Wed Nov 20, 2013
Euronews: Netia Preps 400G With Coriant
Also in today's EMEA regional roundup: Nokia passes up AlcaLu opportunity; Rostelecom Q3 results; Huawei scores in Saudi, builds finance nerve center in UK; Czech 4G spectrum auction.
The Washington Post
Telecom Italia Aims to Exit Junk Status by 2016, CEO Says
Telecom Italia SpA, the phone company that lost its investment grade and chief executive officer last month, aims to restore its credit rating within three years by reviving the domestic business and cutting debt, new CEO Marco Patuano said in an interview.
Mon Nov 18, 2013
Letta announces commission to assess Italy's telecom network
Rome, November 18 - The Italian government is appointing a commission of three experts to audit Italy's telecommunications network infrastructure and assess its technical needs by the end of the year, Premier Enrico Letta on Monday told a conference in Rome.
Fri Nov 15, 2013
Ten people probed in Telecom fraud case
Turin, November 15 Telecom Italia employees are among a group of about 10 people being probed for possible fraud, judicial sources said Friday.
Thu Nov 14, 2013
Euronews: Telecom Italia Bails Out of Argentina
Also in today's EMEA roundup: Profits way down at Telekom Austria; Polkomtel to change hands; hydrogen-powered phone chargers for Africa.
Telefonica won't take control of Telco: report
In September, Telefonica agreed to raise its stake in Telco beyond 46% by buying out other shareholders.
Wed Nov 13, 2013
Bond issue, asset sales could save Telecom Italia from further credit downgrades
TELECOM ITALIA: 2014-2016 STRATEGIC PLAN APPROVED, 3.4 BILLION EUROS IN INNOVATIVE INVESTMENTS IN ITALY FOR NGN, LTE AND CLOUD COMPUTING The heavily indebted Italian telecoms giant recently unveiled plans to raise 1.3 billion in a bond issue.
Goldman Sachs Reiterates on Telecom Italia following announcement of New 2014-2016 Plan
In a report published on Wednesday, Goldman Sachs analyst Nick Brown reiterated a Buy rating on Telecom Italia but lowered the price target from a .93 to a .87.
Italy regulator visits Telecom Italia offices - source
Italy's market regulator Consob, helped by tax police officials, was carrying out an inspection of Telecom Italia's offices in Milan and Rome on Wednesday, a source close to Consob said, confirming Italian media reports.
Tue Nov 12, 2013
Milan bourse beats leading stock exchanges to close +0.77%
Rome, November 11 - The Milan FTSE Mib Index beat out leading European exchanges Monday to close the trading session up 0.77% at 19,107 points.
Telecom Italia Signs Contactless Payments Deal with Visa
Italy's Telecom Italia has signed a deal with Visa Europe to promote the uptake of mobile payments services in the country.
Fri Nov 08, 2013
Euronews: Telecom Italia Plans Asset Sale
Also in today's EMEA regional roundup: Telefonica sees profits slip; Orange and Visa collaborate on NFC; EE does petabyte bundles; BT integrates Cisco UC offerings.