Network decision delayed till 2008

11 Jul 2007

A decision on the future of Telecom Italia’s networks business will not now be made before mid-2008. A decision had originally been expected by the end of this year, but regulator Agcom is blaming the delay on changes in the telcos ownership and stringent demands by rival operators, Thomson Financial reports. Telecom Italia has proposed splitting its networks and retail operations to give its retail business greater regulatory freedom, though rivals such as Wind and Vodafone say Telecom Italia’s 70% market share is too high for the firm to be given a free rein in the retail sector. Meanwhile, the sale of Pirelli’s stake in the former monopoly to a group which includes Telefónica of Spain is also causing delays. Agcom says: ‘There is no proprietor that we can talk with and take commitments from.’

Italy, Telecom Italia (TIM)