Featured Articles

Intel releases tiny 3G cell modem

Intel releases tiny 3G cell modem

Intel has released a 3G cellular modem with an integrated power amplifier that fits into a 300 mm2 footprint, claiming it…

More...
Braswell 14nm Atom slips to Q2 15

Braswell 14nm Atom slips to Q2 15

It's not all rosy in the house of Intel. It seems that upcoming Atom out-of-order cores might be giving this semiconductor…

More...
TSMC 16nm wafers coming in Q1 2015

TSMC 16nm wafers coming in Q1 2015

TSMC will start producing 16nm wafers in the first quarter of 2015. Sometime in the second quarter production should ramp up…

More...
Skylake-S LGA is 35W to 95W TDP part

Skylake-S LGA is 35W to 95W TDP part

Skylake-S is the ‘tock’ of the Haswell architecture and despite being delayed from the original plan, this desktop part is scheduled…

More...
Aerocool Dead Silence reviewed

Aerocool Dead Silence reviewed

Aerocool is well known for its gamer cases with aggressive styling. However, the Dead Silence chassis offers consumers a new choice,…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Wednesday, 11 December 2013 11:40

Telecom Italia not going to break up Brazilian operations

Written by Nick Farrell



So where is its money coming from?

Cash-strapped Telecom Italia has ruled out breaking up the company's Brazilian wireless unit TIM Participacoes. CEO Marco Patuano said the board is not studying any break-up of TIM Brasil. I will never grow tired of repeating that it is for us a strategic company.

The outfit is under pressure to flog the outfit to deal with its huge debt and underinvested network. Speculation about a break-up of TIM Brasil sent Telecom Italia shares up as much as 3.6 percent on yesterday. The Brazilian government said that the country's antitrust watchdog had not ruled out a possible break-up of TIM Brasil into units to be bought by local rivals.

However, it looks like that idea is far from Telecom Italia’s mind. It is not clear what is going through its mind to get it out of trouble.

blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments