Saturday, October 14, 2017

Italy regulator explores forced Telecom Italia network split: sources

Italy regulator explores forced Telecom Italia network split: sources: "Politicians and rival phone companies have long called for TIM to separate its network, but pressure has increased since Rome took issue with the growing influence of French media group Vivendi (VIV.PA), which is its top investor with a 24 percent stake and recently appointed two of TIM’s top managers.

 One option that could be explored to make the new company more independent from TIM would be to put representatives from the regulator, known by its acronym AGCOM, on its board, one of the sources said.

If it went ahead with the plan, AGCOM would follow the example of British counterpart Ofcom, which forced BT (BT.L) to separate its network unit Openreach. The deal was finalised in March after a two-year regulatory battle." 'via Blog this'

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