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Italian govt welcomes TIM network separation plan
2018-02-07 14:14:00| Telecompaper Headlines
(Telecompaper) Telecom Italia (TIM) finally revealed its plan to put its national fixed-line network into a separate company fully owned by the group during a meeting between CEO Amos Genish and industry minister Carlo Calenda. The voluntary separation is aimed at guaranteeing the network's quality and equal access to all operators as well as easing relations with the Italian government and regulators. "We presented a hypothesis of legal separation of the network, with a dedicated company, and we expect to discuss it at the next board," said Genish after the meeting, according to Reuters. The company's next board meeting is scheduled for 06 March, with Genish also due to present a three-year business plan intended to position the group as a "pure digital player and not a telecoms operator."
Tags: plan
network
italian
tim
TIM deputy chairman Recchi surrenders operational powers - report
2018-01-26 08:39:00| Telecompaper Headlines
(Telecompaper) The deputy chairman of Telecom Italia (TIM), Giuseppe Recchi, has given up operational powers, according to two sources cited by Reuters. Although the two sources said Recchi would stay on the board, a third source said this was "subject to a discussion with the executive chairman and the board". The news comes amid signs of turmoil at the company, which this week issued a statement denying reports that its CEO Amos Genish could leave.
Tags: report
tim
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Tim Cook required to fly only by private jet
2017-12-28 18:24:56| BBC News | Business | UK Edition
Tim Cook is required to fly on private aircraft for "security and efficiency".
Tags: required
private
fly
tim
Italy fines TIM, Wind Tre, Vodafone and Fastweb EUR 1.16 mln each for 28-day bills
2017-12-21 08:57:00| Telecompaper Headlines
(Telecompaper) Italian communications regulator Agcom has fined the operators Telecom Italia (TIM), Wind Tre, Vodafone and Fastweb a total of EUR 1.16 million each for calculating fixed line invoices on the basis of a 28-day period and overcharging customers over 12 months. In a statement, the watchdog said it had decided to apply the maximum fine provided by law for failure to comply with its order to abolish 28-day fixed-line telephony and convergent bills with a view to "ensuring maximum transparency and comparability of current prices, as well as control of consumption and spending by means of a standard (monthly) unit of reference."
TIM eyes advisors for network spinoff
2017-11-24 01:00:00| Total Telecom industry news
TIM plans to hire advisors to help it evaluate a spinoff of its fixed-line network, it emerged this week. Bloomberg reported on Thursday that the Italian incumbent plans to sell a minority stake in a separated network unit in order to help it pay down its debt…read more on TotalTele.com »
Tags: network
eyes
tim
advisors
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