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Telecom Italia may officially reopen Metroweb talks - report
2015-03-26 11:43:00| Telecompaper Headlines
(Telecompaper) Telecom Italia may decide to officially reopen talks to take over fibre-optic provider Metroweb at its 26 March board meeting in Venice, according to unnamed sources cited by Reuters. The company has been pressured into restart negotiations by Vodafone Italia's signature of a non-disclosure agreement over Metroweb, which formally opened talks to buy a stake in the group. The Italian government is hoping to use Milan-based Metroweb as the vehicle for its ambitious fibre-optic expansion plans but Telecom Italia has made it clear that it is only interested in taking part in the project if it receives 51 percent ownership of the company. Talks to buy a stake in Metroweb collapsed in February after Telecom Italia's board decided that conditions were not yet right for a deal.
Tags: report
italia
telecom
talks
Telecom Italia may revive Metroweb talks after Vodafone move-sources
2015-03-26 07:50:55| Telecom - Topix.net
Metroweb is a small firm which rents out fibre optic cables but Prime Minister Matteo Renzi considers the partly state-owned company as a building block for a 12 billion euro plan to roll out high-speed networks in Italy. Buying a stake in Metroweb, which owns the biggest fibre-optic network in Italy's business capital Milan, could ultimately determine who calls the shots in the multi-billion-euro plan.
Tags: italia
telecom
talks
vodafone
Deals of the Day: Telecom Talks, Deutsche Annington Nabs Gagfah
2014-12-01 17:03:28| Telecom - Topix.net
Deals of the Day is your one-stop-shop for the morning's biggest news from the finance beat, including M&A, IPOs, banks, hedge funds and private equity. Here's what's happening today: Altice, Oi in talks.
Tags: day
deals
deutsche
telecom
Telecom Italia talks to Vivendi on GVT counterbid - report
2014-08-08 08:55:00| Telecompaper Headlines
(Telecompaper) Telecom Italia has entered direct talks with Vivendi over possible cooperation in Brazil, according to multiple reports. The negotiations follow Telefonica's bid for Vivendi's Brazilian operator GVT, for which it offered a stake in Telecom Italia as partial payment. Telecom Italia is in talks with Vivendi on its own bid for GVT and aims to at least match Telefonica's offer, sources familiar with the situation told Reuters. The plan, which could be finalised over the next three weeks, would allow Vivendi to take a stake in Telecom Italia or in its unit TIM Brasil, which would be merged with GVT. Vivendi's pay-TV arm, Canal Plus, is also in talks to buy a majority stake in Italian rival Mediaset Premium, some of the sources said. The business could ultimately be folded into Telecom Italia, despite Telefonica's agreeing last month to buy 11 percent of Mediaset Premium for EUR 100 million. Bloomberg reports that talks on a possible alliance have taken place between Telecom Italia CEO Marco Patuano and Vivendi Chairman Vincent Bollore. Its sources said the talks were already under way before Telefonica made its offer for GVT.
Tags: report
italia
telecom
talks
Telecom Italia in talks to snap up Vivendi's GVT: sources
2014-08-08 07:14:23| Telecom - Topix.net
The plan, which could be finalised over the next three weeks, envisages a counter-bid by Telecom Italia for the Brazilian unit, GVT, followed by an equity swap that would allow Vivendi to acquire a stake in Italy's biggest phone operator, said the sources.
Tags: sources
italia
telecom
talks