Telecom Italia SPA Newswire (Page 2)

Comprehensive Real-Time News Feed for Telecom Italia SPA. (Page 2)

Results 21 - 40 of 443 in Telecom Italia SPA

  1. Telecom Italia may revive Metroweb talks after Vodafone move-sourcesRead the original story

    Wednesday Mar 25 | Reuters

    Telecom Italia may revive talks to take over fixed-line broadband provider Metroweb this week after rival Vodafone made a fresh attempt to buy a stake in the group, two sources close to the matter said. Metroweb is a small firm which rents out fibre optic cables but Prime Minister Matteo Renzi considers the partly state-owned company as a building block for a 12 billion euro plan to roll out high-speed networks in Italy.

    Comment?

  2. Brazil agency says Telefonica offers to sell Telecom Italia stakeRead the original story

    Wednesday Mar 25 | Reuters

    An official at Brazilian antitrust watchdog Cade said on Wednesday that Telefonica SA had offered to sell its stake in Telecom Italia SpA within 4 months of signing an accord with the agency.

    Comment?

  3. Pirelli'head and heart remain in Italy'Read the original story w/Photo

    Monday Mar 23 | ANSA.it

    Milan, March 23 - The planned takeover by a Chinese conglomerate of majority ownership in tiremaker Pirelli won't change its Italian orientation, company CEO Marco Tronchetti Provera said Monday. In a television interview, Tronchetti Provera said that even with the sale of the historic Italian firm, its "head and heart remain in Italy".

    Comment?

  4. Pirelli to be bought into by ChemChina in $7.7 billion dealRead the original story w/Photo

    Monday Mar 23 | Automotive News

    China National Chemical Corp. will buy into Pirelli, the world's fifth-largest tire maker, in a 7.1 billion euro deal that would place one of the symbols of Italy's manufacturing industry in Chinese hands. But the bid may turn into a protracted takeover battle after ChemChina bid 15 euros a share for Pirelli, just 4 percent higher than Pirelli's price on the last day before talks became public last week.

    Comment?

  5. ChemChina to Buy Italy's Pirelli to Improve Grip on Tire MarketRead the original story w/Photo

    Monday Mar 23 | TheStreet.com

    NEW YORK -- China's National Chemical on Sunday said it would take control of iconic Italian tire maker Pirelli SpA & C. in a a 7.1 billion offer that will ultimately create a Sino-Italian tire-making joint venture with Pirelli's major shareholders. ChemChina , as the suitor is known, said it would first buy a 26.2% Pirelli stake held by Italian investment vehicle Camfin SpA for a 15 per share and then launch an offer to take the target private at the same price.

    Comment?

  6. Pirelli to be bought by ChemChina in $7.7 billion dealRead the original story w/Photo

    Monday Mar 23 | Automotive News

    China National Chemical Corp. will buy Pirelli, the world's fifth-largest tire maker, in a 7.1 billion euro deal that will place one of the symbols of Italy's manufacturing industry in Chinese hands. The deal will give state-owned ChemChina, led by acquisitive chairman Ren Jianxin, access to technology to make premium tires, which can be sold at higher margins, and give the Italian firm a boost in the huge Chinese market.

    Comment?

  7. Telefonica to waive TI voting rights as part of GVT takeover; nine...Read the original story

    Monday Mar 23 | TeleGeography CommsUpdate

    Telefonica of Spain has waived the voting rights attached to its 14.8% Telecom Italia stake, Reuters reports, after Brazilian telecom regulator Anatel demanded it do so in return for clearing the company's USD9.83 billion purchase of Global Village Telecom from Vivendi of France.

    Comment?

  8. Pirelli Investor to Sell to ChemChina in $7.7 Billion BidRead the original story

    Monday Mar 23 | The Washington Post

    State-owned ChemChina agreed to pay 15 euros a share for the 26.2 percent of Pirelli owned by Cam Finanziaria SpA, or Camfin, the companies said in a statement. ChemChina will then make a public tender offer for the rest of the tiremaker at the same price.

    Comment?

  9. UPDATE 4-ChemChina close to Pirelli deal that would trigger buyout offerRead the original story

    Friday Mar 20 | Reuters

    China National Chemical Corp is close to becoming the biggest single shareholder in Pirelli in a deal that would trigger a 7 billion euro buyout of the Italian tyre company. Three sources familiar with the deal, which would be the latest in a string of Chinese investments in large Italian companies, said ChemChina was discussing a deal with Pirelli's top shareholders to buy a holding company called Camfin, which owns 26 percent of Pirelli and is 50 percent owned by Russia's Rosneft.

    Comment?

  10. Italy watchdog probes five telecom, TV firms over sales campaignsRead the original story

    Friday Mar 20 | Reuters

    Italy's Antitrust Authority said on Friday it was investigating five companies that offer telecom and satellite TV services for possible violations of consumer rights while conducting telephone sales campaigns, a statement said.

    Comment?

  11. Pirelli's Top Investor Camfin Said to Discuss Sale to ChemChinaRead the original story

    Friday Mar 20 | The Washington Post

    Pirelli & C. SpA's biggest shareholder is holding talks with ChemChina about a deal that could lead to a public takeover offer, people familiar with the matter said. China National Chemical Corp., as the state-owned company is formally called, is in talks with Cam Finanziaria SpA, which holds 26.2 percent of Pirelli, said the people who asked not to be identified because the discussions are private.

    Comment?

  12. UPDATE 1-Telecom Italia sells 2 bln-euro equity-linked bondRead the original story

    Friday Mar 20 | Reuters

    Telecom Italia said on Friday it had sold a 2 billion- euro equity-linked bond issue that will help it fund its recently announced investment plan. The group said last month it would spend 14.5 billion euros in the next three years on laying more fibre optic cables in Italy and upgrading its mobile network in Brazil.

    Comment?

  13. Telecom Italia Forecasts Some Pain ReliefRead the original story w/Photo

    Friday Mar 20 | Light Reading

    ... incumbent, although overall revenues are expected to fall "considerably less" than in previous years. Telecom Italia SpA (NYSE: TI) reported preliminary figures last month, revealing that both revenues and EBITDA had dropped by about 8% in 2014, to ...

    Comment?

  14. Vodafone closes in on Metroweb dealRead the original story

    Thursday Mar 19 | Live Charts

    ... and allow Vodafone to improve broadband services and strengthen its position with competitors including Telecom Italia SpA, which has also sought a stake in Metroweb. One of Vodafone's conditions on the deal is that no single provider gains majority ...

    Comment?

  15. UPDATE 1-Telecom Italia seeks up to 2 bln euros in equity-linked bond issueRead the original story

    Mar 19, 2015 | Reuters

    Telecom Italia SpA has launched an offering of unsecured equity-linked bonds, seeking up to 2 billion euros to help fund a recently announced investment plan. The heavily indebted Italian phone group said last month it would spend 14.5 billion euros in the next three years on laying more fibre optic cables in Italy and upgrading its mobile network in Brazil.

    Comment?

  16. TI to list tower unit this summer, no plans for Orange tie-upRead the original story

    Mar 16, 2015 | TeleGeography CommsUpdate

    Telecom Italia 's cellular tower unit Infrastrutture Wireless Italiane has issued an application to list its shares on the Milan bourse, Reuters reports. TI is looking to retain a majority stake in Inwit, with proceeds from the sale earmarked for a debt reduction plan.

    Comment?

  17. Anatel rubber-stamps second phase of Telefonica-GVT dealRead the original story

    Mar 16, 2015 | TeleGeography CommsUpdate

    Brazilian telecoms regulator Anatel has sanctioned the second phase of Telefonica's USD9.83 billion acquisition of broadband operator Global Village Telecom from French media group Vivendi. This stage of the process will see the transfer of shares in Telecom Italia and Telefonica Brasil to Vivendi take place.

    Comment?

  18. Eurobites: Germany Invests euro 10B in Better BroadbandRead the original story w/Photo

    Mar 16, 2015 | Light Reading

    Also in today's EMEA regional roundup: BT/EE merger under scrutiny; Rostelecom's fixed-line loss; small is beautiful for UK's ISPs. The German government plans to invest more than 10 billion in high-speed broadband, with 8 billion of that coming from the country's telecom industry, according a Deutsche Welle report citing an interview in the Rheinische Post.

    Comment?

  19. Europe Factors to Watch-Shares set to further rally as euro fallsRead the original story

    Mar 16, 2015 | Reuters

    European stocks were set to rise on Monday, shrugging off losses on Wall Street on Friday and extending their recent sharp rally, as investors bet that a renewed drop in the euro would boost the region's economy and lift exporter earnings. At 0709 GMT, futures for Euro STOXX 50, for Germany's DAX and for France's CAC were up 0.2-0.4 percent.

    Comment?

  20. Egypt's Sawiris considers buy in Italy internet sector - Corriere della SeraRead the original story

    Mar 14, 2015 | Reuters

    Naguib Sawiris is considering making an acquisition in Italy's Internet sector, the Egyptian tycoon said in an interview published on Saturday. Sawiris, whose family founded Egypt's giant Orascom group, said in an interview with Corriere della Sera that he planned to create a new data centre in Milan, which would be Italy's biggest, by the end of April.

    Comment?