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TI.A Telecom Italia S.P.A. New

5.21
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Telecom Italia S.P.A. New NYSE:TI.A NYSE Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 5.21 0.00 01:00:00

Italian Regulator Rebuffs Telecom Italia Spinoff Plan -Bloomberg

21/01/2019 11:55am

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--Italy's communications regulator has provisionally rejected Telecom Italia's plan to separate its landline network--valued at about EUR15 billion--saying a spinoff wouldn't increase competition in the Italian telecoms market, Bloomberg reports.

--Agcom says TIM's proposal to spin off the network while keeping majority ownership would allow the company to retain a "significant competitive advantage" across the country--outside of Milan--without reducing any regulatory burden, Bloomberg writes.

 

Full story: bloom.bg/2R2DSUf

 

Write to Barcelona editors at barcelonaeditors@dowjones.com

 

(END) Dow Jones Newswires

January 21, 2019 06:40 ET (11:40 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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