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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

 

Fantastic if Telecom joins

2016-04-07 21:40:42| Telecom - Topix.net

Rome, April 7 - ENEL CEO Farncesco Starace said Thursday it would be "fantastic" if Telecom Italia were to join in ENEL's plans to set up an 'ultra-broadband' network in Italy. "We have been talking since the start, they are the first operator we talked to.

Tags: fantastic telecom joins

 
 

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.

Tags: report plan job italia

 

Telecom Argentina SA (NYSE:TEO) Receives Average Rating of "Hold" from Brokerages

2016-04-07 06:46:46| Telecom - Topix.net

Telecom Argentina SA has earned an average recommendation of "Hold" from the seven ratings firms that are presently covering the stock, AnalystRatingsNetwork.com reports . Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating on the company.

Tags: rating average hold argentina

 

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

 

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