Former CEO of Telecom Italia and of Eni, Franco Bernabè took a controlling stake of mobile M2M specialist Telit through a consortium of investors named Boostt.
Archive for the 'Financial' CategoryPage 4 of 9
71 years old Pasquale Pistorio, who served for more than 25 year as CEO of ST Microelectronics, was named president of Telecom Italia.
Italian antitrust banned Yell Group from selling its Italian subsdidiary 1288 SCT (inherithed from the former acquisition of Telefonica Publicidad e Informacion) to Seat Pagine Gialle.
Continue reading ‘Yell Group cannot sell its Italian subsidiary to Seat’
AT&T and América Móvil made a preliminary offer to but a controlling stake of Telecom Italia owned by Pirelli.
Continue reading ‘AT&T and América Móvil willing to control Telecom Italia’
Italtel‘s revenue for 2006 totalled € 546.1 m, in line with € 545.8 m in 2005; Ebitda amounted to € 114.8 m corresponding to 21% of revenue.
According to what Telecom Italia told earlier this week to the financial community, the customer portfolio for international operations would in 2009 account for around 48% of the entire Group and revenues from international operations would grow from the current 16% (approx.) of the total revenues to 30% (approx.) in 2009.
