Report
Stephane Beyazian

Telecom Italia : There is no plan B

>An alternative plan emerges a few days ahead of a decisive vote - Telecom Italia’s board of directors has received an alternative strategic plan (TIMValue) to that involving the sale of the NetCo network to the consortium comprising KKR/Italian government which could be validated at the start of November. The plan was presented by Merlyn Advisors and RN Capital Partners. We did not have access to the calculations in the plan but understand that it proposes to: (i) re...
Underlying
Telecom Italia S.p.A.

Telecom Italia is a telecommunications group based in Italy. Co. is engaged in the communications sector and, particularly, the fixed and mobile national and international telecommunications sector, the television sector and the office products sector. Co. operates mainly in Europe, South America and the Mediterranean Basin. Co.'s operations are organized along two operating segments: Domestic - Italy (providing telephone and data services on fixed-line and mobile networks for final customers (retail) and other operators (wholesale)); and Brazil (operates in the mobile phone, fixed telephony, in long-distance and data transmission markets in Brazil).

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Stephane Beyazian

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