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Broadband

Fastweb investigation completion date is unclear - report

Wednesday 29 September 2010 | 10:20 CET | News
Swisscom CEO Carstern Schloter has to stay on as CEO of Swisscom's Italian fixed network operator subsidiary Fastweb longer than hoped, according to Swiss newspaper Handelszeitung. Schloter became temporary CEO of Fastweb in April of this year, to prevent the appointment of an executive by the Italian authorities due to an investigation about possible fraud by the management of Fastweb. Schloter said at the presentation of the financial results for the first half year that he expected the investigation to be completed before the end of the third quarter, which ends on 30 September, and that

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Categories: Fixed
Companies: Fastweb / Swisscom
Countries: Italy / Switzerland
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