Telecom Italia is planning to resume investor rewards and anticipates a 7% rise in core profit for 2025. Amid speculation of consolidation, the company is exploring potential merger and acquisition options, with its CEO indicating that the only viable suitors in the domestic market are French carrier Iliad and Italian postal operator Poste Italiane. To assist in evaluating these options, Telecom Italia has engaged UniCredit. Additionally, Italy is advocating for a domestic alternative to international investors, including CVC and Iliad, who are eyeing Telecom Italia. Reports suggest that Italy is considering a state-backed deal involving Poste, and a board meeting regarding a stake swap with Nexi is scheduled for the weekend. Recent developments indicate that plans from CVC and Iliad for Telecom Italia have been put on hold.
Italy puts on hold CVC, Iliad plans for Telecom Italia, sources say https://t.co/1hQVNKE0j2 https://t.co/RdPXdhTRKR
Italy plans state-backed Telecom Italia Deal with Poste https://t.co/Wo2fd66HCg via @danielelepido @Alemrome https://t.co/WWJcifubJl
Italy is pushing for a domestic alternative to international investors including CVC and France’s Iliad circling around Telecom Italia https://t.co/8wikjVYB1j