(Tiper Stock Exchange) – Another interim meeting for the Rete Unica dossierbut certainly crucial for achieve a balance in the negotiations between CDPexpression of the government, and Vivendias a representative of the interests of the private sector.
The main theme to give a vvalue to the asset or at least understand at what price Vivendi would be willing to sell the network, as well as a series of related issuesas the debtthe safeguarding of employment levels, the issue of competing and market failure areas. Among the knots to untie also the future governancethe role of CDP and the participation of funds, such as Kkr for Fibercop and Macquaire for Open Fiber. The target is to arrive at one public network operating only on the wholesale basis (wholesale only) e not vertically integrated.
In the meeting todaythe third of “technical” characterthe representatives of the Presidency of the Council, of Mimit and of the Mef took part together with the advisor Rothschild, the representatives of Vivendi, which has about 24% of TIM, and to the representatives of CDP,. which is a shareholder of TIM with around 10% and of Open Fiber with 60%.
The government is committed to finding a solution for the single network within the end of the year and with this in mind, an appointment has been made for next week, in the period between Christmas and New Year’s, more probably on December 29thto go back to discussing the crucial dossier for the future of TLCs.
The government wishes that the table to be held before the end of the year be decisive and allows you to give more in-depth information for later close the file in the following weeks.
meanwhile, the CEO Pietro Labriolain his letter to employees spoke of “a living company, which has returned to being a leader” and reached “major milestones”putting in place a “delay plan which not only makes sense from an industrial point of view, but also puts us in a position to be able to evaluate operations aimed at resolving the debt constraint”. A reality that has recovered its “industrial vision” to look forward to and that has improved guidance despite the difficult context.