Italy's single broadband network operator cannot be controlled by a majority shareholder, the deputy industry minister said on Friday after Telecom Italia (TIM) said it would not accept less than 50% of any network.
ROME - Italy’s single broadband network operator cannot be controlled by a majority shareholder, the deputy industry minister said on Friday after Telecom Italia said it would not accept less than 50% of any network.
The Italian government is trying to negotiate a deal between the phone group and Open Fiber, which is jointly owned by state lender CDP and utility Enel , to merge fibre assets and create a single national champion.“Under a regulatory and antitrust profile, a single network company that supplies wholesale access services to all operators cannot be in the hands of a single, vertically integrated majority shareholder, “ Stefano Buffagni told daily newspaper la Repubblica.
“Today, all of our most sensitive data runs on that network and the competitiveness of our companies ,” Buffagni said.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
A coup in Mali is unlikely to make matters betterIn a perennially troubled part of the world, the Israel-UAE deal represents a decline in tension that is worth celebrating
Read more »
You Can Continue Hormonal Birth Control Even When Taking Plan B — Here's What to KnowYou can take Plan B while on hormonal birth control, but you shouldn't continue birth control for five days after taking a prescription morning-after pill.
Read more »
The Fall Ready 'The Frenz Experiment' ReissueThe Fall will reissue 'The Frenz Experiment' as a double-disc set featuring non-LP singles, rarities, BBC sessions, B-sides and more
Read more »
Billie Eilish's Debut 'My Future' Performance Came With A Powerful Message.billieeilish told fans to 'please vote' before a stunning performance of MyFuture at the DemConvention
Read more »
Tomberlin Announces New EP Projections, Shares Lead Single.Tomberlin announces new EP 'Projections', shares lead single. Watch the video for 'Wasted,' directed by BusyPhilipps:
Read more »