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Broadband

Telecom Italia, BT settle margin squeeze dispute

Friday 19 August 2016 | 12:04 CET | News
Telecom Italia announced that it has resolved a claim brought against the company by BT Italia. In June 2015, BT filed a suit in the Milan court claiming damages of EUR 638.6 million from Telecom Italia for the period 2009-2014 due to technical problems and a margin squeeze for services on the incumbent's network. Telecom Italia said in its latest interim earnings report that it refuted the claims in court. Under a "complex" agreement, the two operators have recently resolved the claim, according to Telecom Italia. It did not provide further details.

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Categories: Fixed
Companies: BT / BT Italia / Telecom Italia
Countries: Italy
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