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TIM Q3 earnings fall in Italy

2017-11-10 01:00:00| Total Telecom industry news

TIM posted solid headline figures for the first nine months of 2017 but the numbers masked a relatively weak performance in the third quarter. The Italian incumbent reported EBITDA of €1.69 billion for the three months to the end of September, down by 2.5% on Q3 last year, while revenues crept up by 1.3% to €4.91 billion. For the first nine months of the year the telco's earnings grew by 5…read more on TotalTele.com »

Tags: fall italy tim earnings


Virgin Voyages starts construction of first ship in Italy

2017-11-02 01:00:00| Ship Technology

Virgin Voyages has started construction of the first of its three new ships at Fincantieri's yard in Genoa, Italy.

Tags: construction italy ship starts


Italy applies special powers on TIM to scale back Vivendi influence

2017-10-17 08:43:00| Telecompaper Headlines

(Telecompaper) The Italian government has notified Telecom Italia (TIM) that Prime Minister Paolo Gentiloni signed a decree activating the so-called "golden power" rule of 2012 that allows the state to intervene in strategically important companies. The government's unprecedented move to apply the golden power comes after Italian markets watchdog Consob ruled that France's Vivendi had "de facto control" of TIM via a 24 percent stake and two-thirds of the company's board. 

Tags: back special italy scale


Italy uses golden power to control TIM

2017-10-17 02:00:00| Total Telecom industry news

The Italian government on Monday confirmed that it will exercise its so-called golden power on TIM, imposing a number of conditions on the telco that it says will enable it to protect strategic national assets…read more on TotalTele.com »

Tags: power control italy golden


Bombardier opens new rail maintenance facility in Italy

2017-10-06 01:00:00| Railway Technology

Bombardier Transportation has opened a new 300,000m rail maintenance depot in Melzo, Italy, situated within the Rail Hub Milano (RHM) logistics district.

Tags: italy maintenance facility opens


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