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Telecom Italia asks regulator to assess Bassanini comments

Wednesday 20 May 2015 | 10:01 CET | News
Telecom Italia has written to Italian market watchdog Consob to request an assessment of comments attributed to Franco Bassanini, chairman of Italy's state-backed holding company CDP, regarding the value of Telecom Italia's network. At the sidelines of an event, Bassanini cast doubts on Telecom Italia's valuation of its network. "According to some, it's value is overstated in the financial statements with a notable goodwill," said Bassanini, who is also chairman of fibre-optic provider Metroweb, partly owned by CDP.

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Categories: Fixed
Companies: Telecom Italia
Countries: Italy
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