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Broadband

Telecom Italia, Metroweb talks stall over structure - report

Wednesday 11 February 2015 | 14:40 CET | News
Telecom Italia's ongoing negotiations to acquire a stake in broadband provider Metroweb have stalled due to failure to reach an agreement over ownership structure, according to three unnamed sources cited by Bloomberg. Although Telecom Italia would prefer to buy an immediate controlling stake, certain shareholders would rather the former incumbent be given a minority holding with an option to gradually increase that stake over three to five years, said two of the sources, echoing recent reports in the Italian press. Milan-based Metroweb is seen as the ideal candidate to bring to fruition the

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