Italy looking to expand high-speed fibre-optic networks with €4B plan

The Italian government is meeting in Rome today (21 January) to look into a €4 billion, six-year programme to encourage phone companies, including Vodafone and Telecom Italia, to expand their high-speed fibre-optic networks, Bloomberg has reported. Vodafone, which is making …

The post Italy looking to expand high-speed fibre-optic networks with €4B plan appeared first on Mobile World Live.

TI gearing up for Italian towers IPO — report

Telecom Italia (TI) is considering an IPO of its towers business in Italy and is looking to current Telecom Argentina CEO Oscar Cicchetti to lead the process, according to Bloomberg. Sources said the company is considering Elisabetta Ripa, its current …

The post TI gearing up for Italian towers IPO — report appeared first on Mobile World Live.

Telecom Italia sells Brazilian towers, mulls tie-up with Oi

Telecom Italia has announced the sale of its Brazilian towers to American Tower Corp for approximately €900 million, the price tag it set out to achieve in the first place. The telco also confirmed it is weighing up its options overall in the Brazilian market, and that it is considering a tie-up of its subsidiary Tim Participações with local competitor Oi.

Sky shores up Italian, German holdings with £5bn pay TV blowout

UK-based media empire BSkyB created a multinational pay TV business on Friday with the £4.9bn acquisition of Sky Italia and a 57.4 per cent stake in Sky Deutschland. The move puts Sky in a leading position in the pay TV market in the UK, Italy and Germany.

Consolidation close in France and Italy, say reports

The French and Italian mobile markets could both be on the verge of significant consolidation, according to reports from news agency Reuters. In France incumbent telco Orange has set two investment banks to investigate the potential takeover of rival Bouygues, while talks have resumed between Hutchison and Vimpelcom, which own 3 Italia and Wind respectively, about a potential merger. In both instances Reuteurs cited unnamed sources close to the situation.