Telecom Italia (Italy)



Telecom
Italia has a firm
grasp on Italy's communications industry, with by far the biggest domestic
fixed
line and mobile network. It also owns the European
broadband service Alice, as well as one of Brazil's biggest mobile operators. However
the company has long been bogged down by its labyrinthine corporate structure,
the result of a series of mergers
since the 1990s. The most significant of these was the hostile takeover in 1999
by office equipment-turned-telecoms company Olivetti,
under businessman Roberto Colaninno, who used the telephone company to service
Olivetti's substantial debts. After two years in which the group struggled
under its huge debt mountain, Colaninno admitted defeat in 2001. Facing a revolt
by his most influential shareholders, he passed control
of the group to tire manufacturer Pirelli, backed by the Benetton
family. Yet the
group is still struggling to simplify the structure which resulted from that
deal and in 2007 Pirelli sold on its shares to a consortium of investors including Telefonica
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Competitors: see Telecoms
Index for competitive companies


The Adbrands Company Profile of Telecom Italia summarises the company's history and current operations and
also contains the following website links:
Telecom
Italia website

TIM |
La 7 |
Telecom Italia Net (Tin.it) |
Olivetti |
Telecom Italia Wireline |
187 services |
191 services |
Alice |

Telecom Argentina
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TIM Brazil
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