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Facebook's Zuckerberg fires back at Apple's Tim Cook
2018-04-02 19:59:01| BBC News | Business | UK Edition
Mark Zuckerberg says it is "extremely glib" to suggest Facebook does not care about its users.
TIM notifies regulator of plan to spin off fixed network
2018-03-28 09:20:00| Telecompaper Headlines
(Telecompaper) Telecom Italia (TIM) has notified Italian communications regulator Agcom that it has formally begun the procedure to spin off its fixed access network and create a separate legal entity (Netco) that's 100 percent controlled by the operator. In a statement, TIM said Netco would have its own assets (access network infrastructure, from the exchange to customers' homes, as well as buildings, electronic equipment and IT systems) and the personnel necessary to provide wholesale services independently. "The model will guarantee full equality of treatment thanks to a single access point; a "one-stop shop" for regulated and unregulated wholesale services for all operators, including TIM," said the company.
Majority of TIM board resigns following Elliott pressure
2018-03-23 09:12:00| Telecompaper Headlines
(Telecompaper) Telecom Italia (TIM) has announced the resignation of the majority of its board of directors, in what has been seen as a way of pre-empting a move by activist fund Elliott to counter how the operator's largest investor Vivendi is running the company. In a statement, TIM said its chairman and Vivendi CEO Arnaud de Puyfontaine would step down on 24 April along with deputy chairman Giuseppe Recchi and six other directors, calling on shareholders to vote for a new board on 04 May.
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TIM board members in mass exodus
2018-03-23 01:00:00| Total Telecom industry news
No fewer than eight members of TIM's board of directors resigned this week as a direct result of the pressure exerted on the Italian telco by activist investor Paul Singer. Following a board meeting on Thursday, TIM announced the departure of deputy chairman Giuseppe Recchi…read more on TotalTele.com »
Push for TIM network sale gathers strength
2018-03-22 01:00:00| Total Telecom industry news
The sale of TIM's fixed network assets could be on the cards if activist investor Paul Singer has his way. Singer's Elliott Capital Advisors holds 5.74% of TIM, formerly known as Telecom Italia, according to an update from Italian market watchdog Consob on Wednesday…read more on TotalTele.com »
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