Telecom Italia head stands down

Long-standing Telecom Italia executive chairman Franco Bernabe has resigned following a strategy clash with core shareholders, reports Reuters.

Shareholders agreed to gradually give Spanish Telefonica full ownership of Telco, the operator which controls Telecom Italia through a 22.4% stake. Bernabe reportedly opposed the deal, according to sources.

Please log in to view the full article


TMT Finance News


TMT Finance & Investment East Africa Conference 2013

TMT Finance & Investment Asia 2014