Telecom Italia explores network separation, talks to Mediaset [Reuters]
TELECOM ITALIA (TI.A)
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telecomitalia.com/tit/en/investors.html
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Source: Reuters
Telecom Italia explores network separation, talks to Mediaset | Reuters 4 Min Read MILAN (Reuters) - Telecom Italia (TIM) ( TLIT.MI ), whose top shareholder is France’s Vivendi ( VIV.PA ), said on Tuesday it would look into whether a separation of its fixed line network was needed to address competition concerns from Italian authorities. Italy’s biggest phone group will also pursue talks with Mediaset ( MS.MI ) on a new content deal, a move sources say could help settle a bitter dispute between Vivendi and the broadcaster owned by former Prime Minister Silvio Berlusconi. TIM is under pressure from Italian politicians, regulators and rival firms to separate and upgrade its network, an asset analysts have valued at up to 15 billion euros ($17.7 billion). The pressure has intensified since Vivendi, which has a 24 percent stake in TIM, began to exert greater influence, raising concerns within the Italian government. “Over the coming months, the management will continue to examine va
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