Tag Archives: Naguib Sawiris

Telecom Italia Engages Morgan Stanley To Advise On Fixed Line Spinoff

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Telecom Itailia’s(TI) turbulent flirtation with the spin off of its fixed line assets took another shaky step forward as the company has engaged Morgan Stanley to advise on the process.  Telecom Italia would be the first privatized  European telecom to take such a step. Most likely the company would take outside investment in the fixed line assets and… Read More »

Telecom Italia Landline Spinoff Uncertain Amidst Italian Political Turmoil, Interest From Egyptian Billionaire

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Discussions of a possible spinoff by Telecom Italia(TI) have been a rocky road with nary a marshmallow in sight. A month ago, Reuters reported the spinoff was ‘stalled’.  Egyptian Billionaire Naguib Sawiris, who has proposed injecting $3.9 Billion into the company is opposed to the plan. Sawiris told Reuters he was also opposed to a current plan to… Read More »