TI shareholders turn down €800M Telefonica offer, meeting delayed- report. By Richard Handford Richard is the editor of Mobile World Live’s health and money channels.
He is an experienced tech... read more Shareholders in the consortium that controls Telecom Italia earlier this month rejected an €800 million offer from Telefonica to purchase some of their stakes, said Il Sole 24 Ore. The report, which was not sourced, said the Spanish operator had asked its Italian partners to retain some of their shares in the controlling Telco group, to avoid regulatory issues in Latin America, where Telefonica and Telecom Italia are rivals. The Spanish operator is the largest shareholder in Telco, which also includes local banks Intesa Sanpaolo and Mediobanca, and insurance firm Generali. The offer was made earlier this month, the report said, but the Italian shareholders rejected it.
Telecom, il Tesoro cala la golden share. Allo studio modifiche per legge su Opa - Economia e Finanza con Bloomberg - Repubblica.it - Aurora. MILANO - L'asso della golden share, l'attribuzione di poteri speciali allo Stato su un'azienda privatizzata, per blindare la rete della Telecom.
Nella bozza del Decreto del Presidente della Repubblica atteso domani al Consiglio dei Ministri, si precisa che "le reti e gli impianti utilizzati per la fornitura dell'accesso agli utenti finali nei servizi rientranti negli obblighi del servizio universale" delle comunicazioni rientrano tra le attività strategiche sottoposte alla golden share. Già il Copasir ha lanciato l'allarme sulla sicurezza nazionale legata all'asset di Telecom; quest'ultima vicenda fa accelerare i lavori sulla "azione d'oro",
Telefonica tightens hold on Telecom Italia, avoids takeover bid. Telefónica to control Telecom Italia. Copying and distributing are prohibited without permission of the publisher 25 September 2013 Telefónica has agreed a deal to gradually secure control of Telecom Italia and its lucrative South American business, TIM Participacoes, without having to launch a full takeover bid, reports Reuters.
Telefónica to control Telecom Italia - Aurora. Telecom Italia Group - Aurora. Docomo to form Brazilian subsidiary with $2.55 million investment - The Japan Daily Press - Aurora. Feb 28, 2013 Cherrie Lou Billones Business No Comments In a press release issued by Japanese telecommunications company NTT DoCoMo, Inc., it announced that it is setting up a wholly-owned subsidiary in the South American country of Brazil, called DOCOMO Brasil Serviços de Telecomunicaçáo Ltda., on March 1.
DoCoMo will be investing about $2.55 million for the company, which will take office in the capital city Sao Paulo. It will be manned initially by two people to be headed by company president Hiroaki Obuchi. As it is so with the Singapore subsidiary, the Brazilian operation will cater mostly to Japanese corporate customers based there. As a secondary purpose, the subsidiary will also serve as a research facility to find other viable options for expansion in South America and for the development of new business opportunities in said market. It is not much of a surprise that DoCoMo would choose to jumpstart its venture in the Latin American market at Brazil. List of mobile network operators of Europe - Wikipedia, the free encyclopedia - Aurora. Mobile phone penetration in Europe based on available data between 2009 and 2012: No data A mobile network operator or MNO (also known as a wireless service provider, wireless carrier, cellular company, or mobile network carrier) is a provider of wireless communications services.
The main MNOs in Europe are listed below. Albania[edit] Albania had in 2013 5.4 million subscribers (198% penetration rate), out of which there were 3.7 million active users (125% penetration rate). The regulatory authority for telecommunication in Albania is the Electronic and Postal Communications Authority. Shareholders’ Agreements - Aurora.
The principal shareholder in Telecom Italia is Telco S.p.A.
(Telco), currently an associated company of: Intesa Sanpaolo S.p.A. (11.62%), Mediobanca S.p.A. (11.62%), companies belonging to the Generali Group (30.58%) and Telefónica S.A. (46.18%). On 29 February 2012 the shareholders of Telco terminated the shareholders’ agreement initially made on 28 April 2007, and then amended on 25 October 2007, 19 November 2007, 28 October 2009, 11 January 2010 and 10 December 2010, and made a new shareholders’ agreement, on the same terms and conditions as the existing one, with a duration until 28 February 2015. The agreement defines, among other things, the criteria for the composition of the slate of candidates for appointment to the Board of Directors of Telecom Italia: The shareholders’ agreement provides that the Telecom Italia Group and the Telefónica Group are managed autonomously and independently.
Telecom Italia Group - Aurora. 'Telefonica? Uguale a Telecom' - l’Espresso - Aurora. Telefonica tightens hold on Telecom Italia, avoids takeover bid. Telecom, il Tesoro cala la golden share. Allo studio modifiche per legge su Opa - Economia e Finanza con Bloomberg - Repubblica.it - Aurora. Telecom Italia could force Telefonica takeover bid under mooted law change.
By Ken Wieland Ken has been part of the MWC Mobile World Daily editorial team for the last three years, and is n... read more The Italian government is considering a shake-up in corporate law that could force Telefonica to make a takeover bid for Telecom Italia.
Under the proposed change, shareholders owning less than 30 per cent of a company might be forced to launch a takeover bid. As it stands at the moment under Italian law, according to a Reuters report, it is only shareholders owning 30 per cent or more that can be forced to make a bid for all the company.