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New Italian govt applies 'golden powers' on Retelit

Friday 8 June 2018 | 09:52 CET | News
The new Italian government has decided to use its so-called 'golden powers' over companies of strategic importance against telecommunications infrastructure provider Retelit, reports Corriere delle Comunicazioni. The government's intervention is directed against changes in the company's governance announced at its 27 April shareholder meeting. In a statement, the council of ministers said it would use its special powers "to safeguard the strategic activities of the company in the communications sector".

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Categories: Fixed
Companies: Retelit
Countries: Italy
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