Telecom Italia Chairman says network `strategic`, talking with Italy government: paper
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Telecom Italia’s (TIM) fixed-line network is a strategic asset and the group is examining the dossier with the national government to find a shared solution, chairman Arnaud De Puyfontaine said in a daily on Friday.
MILAN (Reuters) – Telecom Italia&rsquo-s (TIM) fixed-line network is a strategic asset and the group is examining the dossier with the national government to find a shared solution, chairman Arnaud De Puyfontaine said in a daily on Friday.
&ldquo-For us the network is strategic,&rdquo- De Puyfontaine said in an interview to la Repubblica, adding a separation of the network could make sense to create an even more neutral platform for all companies and reduce the digital gap in the country.
&ldquo-(CEO Amos) Genish and I are working on this front with pragmatism. We understand the national interest, we will examine the dossier with the government: the important issue is to meet the interest of all stakeholders,&rdquo- he said.
De Puyfontaine added that it was &ldquo-premature&rdquo- to discuss the possibility of new shareholders joining the backbone network, amid speculation that state holding Cassa Depositi e Prestiti could take a stake if the network is spun off.
Asked whether competition between Telecom Italian and rival Open Fiber to roll out ultra-fast broadband was damaging, he said competition was always a good thing.
The chairman added that French media group Vivendi was in talks with private broadcaster Mediaset to resolve a legal dispute between the two groups.
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