Tag Archives: Telefonica SA

Arrivederci Spinoff! Proposed Telecom Italia Spinoff Possibly Shelved

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The death knell appears to be ringing for Telecom Italia’s (TI) fixed line spinoff. According to this Bloomberg piece, the company plans to ask its board of directors to withdraw its approval for the spin, which would put an end to a process which has been going on for over a year. That is a loooong time 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 »