Friday, 18 October 2019

Sol Trujillo looks to buy Telecom Italia stake

By Nick Wood, Total Telecom
Thursday 25 September 14

Former Telstra chief reportedly in talks to raise €7.5 billion, wants to become CEO of Italian incumbent.

Former Telstra chief executive Sol Trujillo is in the process of raising around €7.5 billion for the purposes of taking a stake in Telecom Italia and installing himself as CEO. According to a report by Bloomberg on Thursday, sovereign wealth funds in Qatar and Abu Dhabi have expressed interest in funding Trujillo's plan…

TT PREMIUM CONTENT

If you are a subscriber login here

To access premium content you need to upgrade your account. To find out more click here

Since you're here...

...the Telecoms industry is characterised by constant change and evolution. That's why it's crucial for telecoms professionals to keep up-to-date with what is happening. Join 35,000+ of your peers and sign up to our free newsletter service today, to be in the know about what is going on. PLUS, as a member you can submit your own press releases!

See all membership options