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Enel expands on fibre plans, no deal with Telecom Italia

2016-04-08 02:00:00| Total Telecom industry news

Italian utility company to start work on first five cities next month; prime minister names date for start of broadband projects in uneconomic areas.

Tags: plans deal italia telecom

 

Telecom Italia mulling 15,000 job cuts on Enel plan - report

2016-04-07 10:09:00| Telecompaper Headlines

(Telecompaper) Telecom Italia is considering cutting up to 15,000 jobs, equivalent to nearly 30 percent of its workforce, due to increased competition arising from the fibre-optic broadband rollout plans of Italian utility giant Enel, according to unnamed sources cited by Bloomberg. Enel recently confirmed plans to invest a total of EUR 2.5 billion to help bring high-speed broadband to around 7.5 million homes in 224 Italian cities. The sources said Telecom Italia may lose around 5 million wholesale customers as a result, most of them from Vodafone Italia and Wind, with Telecom Italia increasingly frustrated by a plan it considers to be unfair competition. Vodafone Italia and Wind are expected to reach a strategic and commercial partnership with Enel to develop the broadband network across Italy.

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Telecom Italia plans massive job cuts in wake of Enel network project

2016-04-07 02:00:00| Total Telecom industry news

Italian telco will reportedly cut 15,000 positions, or close to 30% of its workforce, sources say.

Tags: project network job plans

 

Telecom Italia bows to regulatory pressure, pulls TIM Prime

2016-04-06 02:00:00| Total Telecom industry news

Italian telco to hold talks with competition body after regulator ruled its new tariff violated electronic communications code.

Tags: italia pressure prime tim

 

Telecom Italia SpA (TI) Receives "Equal Weight" Rating from Barclays

2016-04-04 02:33:25| Telecom - Topix.net

's stock had its "equal weight" rating reissued by investment analysts at Barclays in a research note issued to investors on Monday, StockTargetPrices.com reports. Several other equities research analysts have also issued reports on the stock.

Tags: rating weight italia equal

 

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