Telecom Italia’s Debt Is ‘Under Control,’ CEO Tells Sole 24 Ore
Source: BFW (Bloomberg First Word)
Tickers
OIBR4 BZ (Oi SA)
TIT IM (Telecom Italia SpA)
TIMP3 BZ (Tim Participacoes SA)
VIV FP (Vivendi SA)
People
Marco Patuano (Telecom Italia SpA)
Mikhail Fridman (Alfa Group)
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UUID: 7947283
(Bloomberg) -- Co. has enough liquidity to repay debt due over the next 3-yrs, Il Sole 24 Ore reports citing an interview with Telecom Italia’s CEO Marco Patuano.
Alert: HALISTER- “CEOs always answer with performance and shareholders are always sovereign,” Patuano said when asked if his job was at risk
- NOTE from March 3: Telecom Italia CEO Said at Risk as Vivendi Seeks Revamp
- CEO tells Il Sole 24 Ore that although Brazil’s context is problematic, Telecom Italia remains committed to investing in infrastructure there
- Talks with Mikhail Fridman’s LetterOne in Brazil, about a potential combination between Tim-Oi, failed because “we didn’t share same vision about governance and structure:” CEO
- Never received bid for Brazil unit Tim Participacoes: CEO
- Talks with Metroweb go on, deal still under review: CEO
- Telecom Italia isn’t in talks with Mediaset for convergence plan: CEO
Source: BFW (Bloomberg First Word)
Tickers
OIBR4 BZ (Oi SA)
TIT IM (Telecom Italia SpA)
TIMP3 BZ (Tim Participacoes SA)
VIV FP (Vivendi SA)
People
Marco Patuano (Telecom Italia SpA)
Mikhail Fridman (Alfa Group)
To de-activate this alert, click here
UUID: 7947283