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Bernabè on Cdp in Telecom: "Votes are counted"

The vice president of Telecom Italia pragmatically evaluates the entry of Cassa depositi e prestiti into the telephone company: "Let's see what will happen at the meeting" - But he recalls that, unlike what Cuccia claimed, votes are counted and not weighed: whoever wins has more – The unions appreciate the move by the CDP

Bernabè on Cdp in Telecom: "Votes are counted"

“Cdp will decide what it wants. In the assembly the votes are counted, let's see what happens in the assembly”. This was stated by the vice president of Telecom Italia, Franco Bernabe', speaking with journalists, on the sidelines of the Ambrosetti workshop in Cernobbio, in response to those who asked him if the possible entry of CDP into Tim could be considered a hostile move. In any case, “all interested investors are welcome – added Bernabè”

'The green light from the Cassa Depositi Loans board for direct entry into the capital of Telecom, with the role of guarantor of the national interest and the integrity of the company, represents initial good news and could form the basis for a rediscover stability of Tim's governance with adequate resources to develop the digital and innovation processes that are precious for the country. We are very interested in this project which, if it is such, can only see us committed to its full realization'. In turn, the general secretaries of Slc Cgil, Fistel Cisl and Uilcom Uil, Fabrizio Solari, Vito Vitale and Salvo Ugliarolo affirm in a joint note. 'The obscure evil that has heavily conditioned the development of Tim since its privatization - continues the note - is substantially attributable to the heaviness of the debt, largely accumulated by the various 'private' managements, and to the substantial instability of corporate governance '.

'The last few months had then given us - underline the three union leaders - an extraordinarily worrying scenario with the emergence of thousands of potential redundancies and a legal battle for control of a company that is fundamental for the future of the country in the age of fiber , 5G and digitization. The situation could not be left to languish until consumption. We had repeatedly called for an intervention in defense of Tim's industrial and professional heritage, his network, his assets. It is also necessary to bring Open Fiber's experience into a unitary synthesis within Tim, to avoid the useless waste of duplicating the new generation network', concludes the note.

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