Home › Telecom Italia may officially reopen Metroweb talks - report
 

Keywords :   


Telecom Italia may officially reopen Metroweb talks - report

2015-03-26 11:43:00| Telecompaper Headlines

(Telecompaper) Telecom Italia may decide to officially reopen talks to take over fibre-optic provider Metroweb at its 26 March board meeting in Venice, according to unnamed sources cited by Reuters. The company has been pressured into restart negotiations by Vodafone Italia's signature of a non-disclosure agreement over Metroweb, which formally opened talks to buy a stake in the group. The Italian government is hoping to use Milan-based Metroweb as the vehicle for its ambitious fibre-optic expansion plans but Telecom Italia has made it clear that it is only interested in taking part in the project if it receives 51 percent ownership of the company. Talks to buy a stake in Metroweb collapsed in February after Telecom Italia's board decided that conditions were not yet right for a deal.

Tags: report italia telecom talks

Category:Telecommunications

Latest from this category

All news
»
05.07Atlantic Tropical Weather Outlook
05.07Eastern North Pacific Tropical Weather Outlook
04.07Hurricane Beryl Graphics
04.07Hurricane Beryl Forecast Discussion Number 25
04.07Hurricane Beryl Public Advisory Number 25
04.07Summary for Hurricane Beryl (AT2/AL022024)
04.07Hurricane Beryl Wind Speed Probabilities Number 25
04.07Hurricane Beryl Forecast Advisory Number 25
More »