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Former Wind chief Gubitosi named new Telecom Italia CEO

2018-11-19 08:35:00| Telecompaper Headlines

(Telecompaper) Telecom Italia (TIM) announced that its board of directors appointed Luigi Gubitosi as chief executive in a meeting held a few days after Amos Genish was relieved of his duties. However, Genish, who remains on TIM's board, immediately announced that he's seeking investor support to call an extraordinary shareholder meeting to contest changes in the company's direction.

Tags: chief italia named wind

 

Bouygues Telecom posts 20% EBITDA growth in Q3

2018-11-15 10:02:00| Telecompaper Headlines

(Telecompaper) French operator Bouygues Telecom continued to post healthy growth in revenues and EBITDA in the three months to September, supported by a growing customer base across its fixed and mobile businesses. Service revenues increased to EUR 1.1 billion, up 5.0 percent year-on-year (+4.8% in Q2), and EBITDA jumped 20.1 percent to EUR 382 million (+11.4% in Q2).

Tags: posts growth telecom q3

 
 

European Parliament approves new telecom regulatory code

2018-11-14 14:15:00| Telecompaper Headlines

(Telecompaper) The European Parliament has given its final approval to the new EU telecoms regulations. In addition to measures designed to support the roll-out of fibre and 5G networks, the legislation extends consumer protection rules to OTT service providers and introduces a cap on the cost of intra-EU calls and SMS. 

Tags: code european regulatory telecom

 

Telecom Italia CEO Genish ousted by board, chairman takes over

2018-11-13 11:32:00| Telecompaper Headlines

(Telecompaper) Telecom Italia (TIM) has announced that its chief executive Amos Genish has been relieved of his powers following a majority vote of its board of directors. The company's chairman Fulvio Conti will take over on an interim basis and has been granted a mandate to "resolve further obligations in relation to the existing working relationship with Genish". A further board meeting has been called for 18 November to appoint a new CEO, said TIM in a short statement that provided no explanation for Genish's departure other than thanking him for the work done "in 14 months of intense activity".

Tags: over board takes italia

 

Accounting changes depress telecom and pay TV growth in 2018

2018-11-09 19:30:56| Digital TV News

Worldwide spending on Telecom Services and Pay TV Services will increase by 0.6% in 2018, according to IDC. Over of the 2017-2022 forecast period, the market is expected to grow at a CAGR of 0.8%.

Tags: in pay growth accounting

 

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