Salvatore Rossi, president of Tim
Tlc, the market and analysts look favorably on consolidation. The French launch the fiber offer at € 15.99 per month
While the prospect of a Consolidation of the sector of Tlc in the country with the wedding in sight between the French Iliad and the Italian activities of Vodafonethe board of directors of Tim back in pressing on the president of the telephone company Salvatore Rossi to get answers, as concrete as possible, on the dossier Kkrthe American fund which in November launched a non-binding expression of interest for the Italian company.
In home Vodafone-Iliadthe advisor financial companies are in fact already working on merger project. According to what the Sole 24 Oreto study the marriage the Swiss investment bank is on behalf of the British group Ubshistorically consultant and financier of Vodafonewhile on the other side next to Iliad there is Lazardthrough its Parisian headquarters.
“Financial advisors would be working on issues like valuations of Italian assets by Vodafone and Iliad, le conditions of an possible merger and governance. These are crucial aspects and it is not certain that the negotiations, with the ups and downs highlighted in recent months, will be successful. It therefore remains to understand what the evolution of the discussions will be. The main themeas evidenced by the studies of many investment banks, is that a consolidation in the Italian Tlc market it is desirable “, writes the business newspaper.
Meanwhile, today is a big day for the French telephone company which has recently launched its own in Italy fiber optic offer. The French Tlc group, which has 8.5 million users in the Italian mobile market, has presented an offer in FTTH fiber to 15.99 euros per monthwith a download speed of up to 5 Gigabits per second and an upload speed of up to 700 Megabits per second.
There Iliadboxthe router Iliadwas developed internally by the Group’s Research and Development team, both for the hardware part and for that software, and has been designed and tested to last at least ten years. The offer also includes unlimited minutes to landlines and mobile phones in Italy and to landlines in more than 60 countries around the world.
Benedetto Levi, CEO of Iliad he explained that “for months we have received many requests from our mobile users to launch a fiber offer, because they are tired of the lack of transparency in this market. really happy to bring today in the fiber the same transparency e qualities that have always distinguished our mobile offers. An ultra-fast fiber connection at an affordable price can simplify the lives of millions of people and give that push towards digitization that the country so badly needs. ”
While regarding the indiscretions on the hypothesis of combination of assets with Vodafone Levi commented: “Today we are absolutely moving forward on our own path, as we have been moving forward in the last three and a half years”. The offer is available from today for 7.4 million real estate units in Italy, on the Iliad website and on 1,500 Simboxes present throughout Italy.
WATCH THE VIDEO OF THE PRESENTATION OF THE ILIAD FIBER OPTIC
What is certain is that a joint move Vodafone-Iliadpositively baptized by analysts, could indirectly have effects on Tim: second The sun 24 hours the merger would “eliminate competition from an operator such as Iliad, which has conquered market shares in Italy thanks to particularly advantageous offers, while on the other hand it would eliminate speculations on the possible interest of Iliad itself in the commercial activities (ServiceCo) of Tim. “
Meanwhile, in the headquarters of Tim, in view of the first board of directors to lead Pietro Labriola, set for the day of Wednesday 26 Januarythe need for a response to the expression of interest by the American fund grows at the top Kkr.
He writes it on Messenger which underlines that “despite the legislative vacancy of the TUF in disciplining these hybrid situations, the market and all the other stakeholders, starting with the incumbent’s board of directors, believe that the time has come to make a decision: grant the request to start the diligence, as requested by the fund in the letter of November 19, or close the door by rejecting the proposal “.
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