ROME (Reuters) - The board of Telecom Italia is not considering any plan to break up the company's Brazilian wireless unit TIM Participacoes, CEO Marco Patuano said on Tuesday.
ROME, Dec 10 (Reuters) - The board of Telecom Italia is not considering any plan to break up the company's Brazilian wireless unit TIM Participacoes, CEO Marco Patuano said on Tuesday.
Brazilian antitrust regulator, known as CADE, has ordered Telefonica to either reduce its holdings in Brazil or convince Telecom Italia (in which Telefonica owns a 22.4% stake) to divest Tim Holding Company--the second leading mobile carrier in
MILAN, Dec 6 (Reuters) - Proxy advisor Glass Lewis has recommended that shareholders vote in favour of a proposal to remove the board of Italy's Telecom Italia , two sources who have seen the recommendation told Reuters on Friday.
* Telefonica prefers sale of Brazil unit, Fossati against
MILAN, Dec 5 (Reuters) - Telecom Italia investor Marco Fossati, who is seeking to remove the company's board at a shareholder meeting on Dec. 20, said the solution
Activist Telecom Italia ( TI +0.4% ) 5% shareholder Marco Fossati, who has voiced concerns that Telefonica's aims do not align with those of shareholders
MILAN/ROME (Reuters) - An activist shareholder campaign to reform Telecom Italia won traction on Wednesday as influential proxy adviser ISS recommended institutional investors back a proposal to remove the company board at a meeting on December 20.
* Rebel investor says fight will continue if removal rejected
ROME, Dec 4 (Reuters) - Telecom Italia 5 percent investor Marco Fossati said on Wednesday there might not be enough shareholder support to approve his proposal to remove the board at a general meeting on Dec. 20 but his fight will not end there.