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TIM curbs costs with procurement deal

2018-07-03 02:00:00| Total Telecom industry news

TIM on Tuesday announced it has signed a procurement deal with various Italian infrastructure suppliers as part of a bid to curb costs. The companies in question are Sirti…read more on TotalTele.com »

Tags: costs deal tim procurement


TIM open to FTTH tie-up with Open Fiber - CEO

2018-06-21 09:26:00| Telecompaper Headlines

(Telecompaper) Telecom Italia (TIM) is open to talks with wholesale-only operator Open Fiber about merging their respective fibre-to-the-home (FTTH) assets, said the company's CEO Amos Genish in a briefing. "We are more than open ... to participate in a dialogue on such a combination," said Genish. However, according to an unnamed source cited by Reuters, TIM has already spoken about the idea to the shareholders of Open Fiber, state lender Cassa Depositi e Prestiti (CDP) and utility giant Enel. "The ball is in Open Fiber's court, we are willing to sit down with them," said the source.

Tags: open tim ceo fiber


Nearly 30,000 TIM workers to reduce hours under trade union deal

2018-06-12 16:13:00| Telecompaper Headlines

(Telecompaper) Telecom Italia (TIM) has confirmed the details of its agreement with trade unions over plans to cut its 50,000-strong domestic workforce. A total of 4,500 workers will take early retirement over the next 3 years with the company committing to cover the pension payments of 1,000 of them until they reach retirement age. The agreement also envisages "defensive solidarity" measures for 29,736 workers, a state-sponsored scheme that requires employees to cut their working hours by the equivalent of 10 percent in exchange for reduced pay. The solidarity regime will start on 19 June 2018 for a period of 12 months, said TIM.

Tags: hours trade deal reduce


TIM fast-tracks 5G plans in San Marino

2018-05-23 02:00:00| Total Telecom industry news

Telecom Italia (TIM) has announced another milestone in its quest to make San Marino the first 5G ready state in Europe.  Following up on the signing of an MoU with the government of San Marino, TIM has launched the first millimetere wave (mmWave) 5G mobile test device…read more on TotalTele.com »

Tags: san plans tim marino


Strong performance at home and abroad fuels solid revenue growth for TIM

2018-05-17 02:00:00| Total Telecom industry news

Telecom Italia has reported a 2.7 per cent year on year increase in its revenues for the first quarter of 2018, according to a company release. Revenues for Q1 2018n stood at &euro…read more on TotalTele.com »

Tags: home for performance strong


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