Italian Regulator Rebuffs Telecom Italia Spinoff Plan -Bloomberg
21 Gennaio 2019 - 12:55PM
Dow Jones News
--Italy's communications regulator has provisionally rejected
Telecom Italia's plan to separate its landline network--valued at
about EUR15 billion--saying a spinoff wouldn't increase competition
in the Italian telecoms market, Bloomberg reports.
--Agcom says TIM's proposal to spin off the network while
keeping majority ownership would allow the company to retain a
"significant competitive advantage" across the country--outside of
Milan--without reducing any regulatory burden, Bloomberg
writes.
Full story: bloom.bg/2R2DSUf
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(END) Dow Jones Newswires
January 21, 2019 06:40 ET (11:40 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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