Realizations on Telecom Italia (-1,8% to 0,58 euro) the day after the informal meeting of the board of directors which took stock of the reorganization in view of the probably decisive meeting on 3 October. In fact, there are still several unknowns about the future of the telephone company.
First of all, that linked to the role of the Spaniards of Telefonica, which as reported by Il Sole 24 Ore could soon bring a proposal to the board of directors to be submitted to the Italian shareholders to take over control of the group. Of course, the share on the Stock Exchange is penalized by the new and increasingly insistent rumors of a substantial capital increase, necessary to lighten the debt burden: a condition that the current number one, Franco Bernabè, according to the rumors circulated yesterday in Spain, would consider essential to remain at the top of the group.
Finally, in the background is the new scenario designed today by Il Messaggero of an all-Italian Telecom Italia after the sale of Tim (i.e. mobile) and Brazil in the face of the spin-off of the network which would in any case remain in the hands of Telecom with the involvement of Cdp. A solution that would also involve Fossati, F2i and Cassa di Previdenza and which would allow the group to collect 25 billion with divestments, effectively reducing the debt.
