{"id":81640,"date":"2019-02-15T19:59:09","date_gmt":"2019-02-15T11:59:09","guid":{"rendered":"https:\/\/www.mobileworldlive.com\/?p=235746"},"modified":"2019-02-15T19:59:09","modified_gmt":"2019-02-15T11:59:09","slug":"state-lender-seeks-bigger-telecom-italia-stake","status":"publish","type":"post","link":"https:\/\/itteacheritfreelance.hk\/test\/wordpress\/2019\/02\/15\/state-lender-seeks-bigger-telecom-italia-stake\/","title":{"rendered":"State lender seeks bigger Telecom Italia stake"},"content":{"rendered":"<p>        \tItalian state lender Cassa Depositi e Prestiti (CDP) announced it would increase its 5 per cent stake in Telecom Italia without revealing further details, though Reuters reported it is looking for a 10 per cent ownership.<\/p>\n<p>\u201cThe Board of CDP\u2026has resolved to authorise the purchase of further shares of Telecom Italia\u201d the lender said, adding the move is &#8220;consistent with CDP\u2019s mission to support national strategic infrastructures and aims at supporting the development and value creation process started by the company in a sector of primary interest for the country\u201d.<\/p>\n<p>Sources told Reuters it will increase its stake to 10 per cent in the next 12 months.<\/p>\n<p>CDP is controlled by the Italian treasury and owns 50 per cent of Open Fiber, a Telecom Italia rival which is building a fibre broadband network, the news agency added.<\/p>\n<p>Telecom Italia\u2019s domestic business faced issues in 2018 due to a boardroom battle between its largest shareholder, Vivendi, and activist shareholder Elliott Management, which are both\u00a0wrangling for power [1].<\/p>\n<p>Last month the operator warned [2] earnings for 2018 in its domestic business are expected to be lower compared with 2017.<\/p>\n[1] https:\/\/www.mobileworldlive.com\/featured-content\/top-three\/vivendi-given-march-date-for-telecom-italia-debate\/<br \/>\n[2] https:\/\/www.mobileworldlive.com\/featured-content\/top-three\/ti-braced-for-lower-2018-earnings\/<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Italian state lender Cassa Depositi e Prestiti (CDP) announced it would increase its 5 per &#8230;<\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/www.mobileworldlive.com\/featured-content\/top-three\/state-lender-seeks-bigger-telecom-italia-stake\/\">State lender seeks bigger Telecom Italia stake<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/www.mobileworldlive.com\/\">Mobile World Live<\/a>.<\/p>\n<p> <a href=\"https:\/\/itteacheritfreelance.hk\/test\/wordpress\/2019\/02\/15\/state-lender-seeks-bigger-telecom-italia-stake\/\">\u95b1\u8b80\u5168\u6587 <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":58,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"slim_seo":[],"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[2,2487,2185,7],"tags":[398,402,397,414,413,410,499,409,407,408,406,399,400,394,10,401,396,787,786,784,782,783,764,785,403,412,411,395,405,404,778,779,780,781],"jetpack_publicize_connections":[],"aioseo_notices":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p7prtj-leM","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itteacheritfreelance.hk\/test\/wordpress\/wp-json\/wp\/v2\/posts\/81640"}],"collection":[{"href":"https:\/\/itteacheritfreelance.hk\/test\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itteacheritfreelance.hk\/test\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/test\/wordpress\/wp-json\/wp\/v2\/users\/58"}],"replies":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/test\/wordpress\/wp-json\/wp\/v2\/comments?post=81640"}],"version-history":[{"count":1,"href":"https:\/\/itteacheritfreelance.hk\/test\/wordpress\/wp-json\/wp\/v2\/posts\/81640\/revisions"}],"predecessor-version":[{"id":81641,"href":"https:\/\/itteacheritfreelance.hk\/test\/wordpress\/wp-json\/wp\/v2\/posts\/81640\/revisions\/81641"}],"wp:attachment":[{"href":"https:\/\/itteacheritfreelance.hk\/test\/wordpress\/wp-json\/wp\/v2\/media?parent=81640"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/test\/wordpress\/wp-json\/wp\/v2\/categories?post=81640"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/test\/wordpress\/wp-json\/wp\/v2\/tags?post=81640"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}