Advertisement
UK markets closed

  • FTSE 100

    8,139.83
    +60.97 (+0.75%)
     

  • FTSE 250

    19,824.16
    +222.18 (+1.13%)
     

  • AIM

    755.28
    +2.16 (+0.29%)
     

  • GBP/EUR

    1.1679
    +0.0022 (+0.19%)
     

  • GBP/USD

    1.2494
    -0.0017 (-0.13%)
     

  • Bitcoin GBP

    50,354.20
    -1,304.90 (-2.53%)
     

  • CMC Crypto 200

    1,305.55
    -90.99 (-6.51%)
     

  • S&P 500

    5,099.96
    +51.54 (+1.02%)
     

  • DOW

    38,239.66
    +153.86 (+0.40%)
     

  • CRUDE OIL

    83.66
    +0.09 (+0.11%)
     

  • GOLD FUTURES

    2,349.60
    +7.10 (+0.30%)
     

  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     

  • HANG SENG

    17,651.15
    +366.61 (+2.12%)
     

  • DAX

    18,161.01
    +243.73 (+1.36%)
     

  • CAC 40

    8,088.24
    +71.59 (+0.89%)
     
PROPERTY:

9 luxury homes to consider if money is no object

Ever thought about what a multimillion pound budget would buy you?

Telecom Italia ready to press on with unified network plan when Open Fiber decides - CEO

Reuters
·1-min read
FILE PHOTO: Telecom Italia new logo is seen at the headquarter in Rozzano neighbourhood of Milan

MILAN (Reuters) - Telecom Italia <TLIT.MI> is ready to press ahead with a government-sponsored plan to merge its fixed network infrastructure with that of state-backed rival Open Fiber, Chief Executive Luigi Gubitosi said on Wednesday.

"We are ready to proceed, as soon as Open Fiber's shareholders, I would say shareholder, takes a decision on the matter", Gubitosi told analysts in a call on third-quarter results.

He said advisers on the deal had been appointed.

Open Fiber is owned by Italian utility Enel <ENEI.MI> and Italian state lender CDP.

(Reporting by Elvira Pollina and Stephen Jewkes; editing by Agnieszka Flak)