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TIM issues profit warning as boardroom tensions flare

2019-01-18 01:00:00| Total Telecom industry news

Telecom Italia (TIM) has warned of a fall in profits this year, as a spat between its two largest shareholders rumbles on.  TIM reported organic core earnings of $9.2 billion, around a 5 per cent drop on last year's figures…read more on TotalTele.com »

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TIM considers move for BT's Italian assets

2019-01-14 01:00:00| Total Telecom industry news

Telecom Italia has enquired about the possibility of obtaining BT Group's Italian assets, according to a report by Bloomberg.  BT's Italian unit, which was the source of a much-publicised accounting scandal in 2017, generated revenues of around €390 million last year…read more on TotalTele.com »

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TIM shuffles its managerial pack with three key appointments

2019-01-08 01:00:00| Total Telecom industry news

Telecom Italia has made three key appointments to its senior leadership team as the company's new CEO, Luigi Gubitosi, continues to reshape the company in his own image.  Gubitosi became CEO of Telecom Italia in November last year and has wasted no time in making his mark on Italy's biggest telco…read more on TotalTele.com »

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TIM and Nokia complete San Marino 5G network coverage

2018-12-17 15:05:00| Telecompaper Headlines

(Telecompaper) Telecom Italia (TIM) and Nokia have covered the entire territory of San Marino with their 5G network, achieving their previously announced end-of-year target to convert the the micro-state into the first nation in Europe with an active 5G mobile network. The milestone comes after the partners activated the first 5G antenna complying with 3GPP Release 15 standards in Faetano earlier this year. The coverage has now been increased to 99 percent of the territory via the installation of 8 macro sites with 3,500 MHz and 26 GHz antennas, allowing users throughout San Marino to reach potential speeds around 10 times that of 4G.

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Vivendi calls for shareholders meeting to change TIM board

2018-12-11 09:51:00| Telecompaper Headlines

(Telecompaper) The leading shareholder of Telecom Italia (TIM), France's Vivendi, has announced that it will be calling for a meeting to change the board at the Italian operator. The move comes after TIM's board decided not to convene a shareholders meeting to confirm the appointment of Luigi Gubitosi as the company's new chief executive or choose new auditors, which Vivendi said went against "all rules proper corporate governance" and is "a source of disorganisation".

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