Wednesday, 26 July 2017

Niel reduces interest in Telecom Italia

By Mary Lennighan, Total Telecom
Wednesday 20 July 16

French businessman offloads much of his long, optional position in Italian incumbent in line with commitments made in Iliad's 3 Italia/Wind assets deal.

Xavier Niel has reduced his potential stake in Telecom Italia, in line with his commitment to do so a fortnight ago when his Iliad unit agreed to acquire assets to enable it to become a mobile network operator in Italy. The French businessman spent over &euro…

Xavier Niel has reduced his potential stake in Telecom Italia, in line with his commitment to do so a fortnight ago when his Iliad unit agreed to acquire assets to enable it to become a mobile network operator in Italy. The French businessman spent over &euro…

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