Telecom Italia firmly believes in the network spin-off project and intends to carry it forward. The executive chairman of the company assured him, Franco Bernabe, on the sidelines of a hearing in the Chamber after the decision of the Board of freeze the network separation plane. The choice brought down the company's stock on the Stock Exchange, which at the beginning of the afternoon lost more than three points.
Bernabè said he was “very optimistic that the phase of verifying the consistency, of the content of the regulatory process, with the assumptions underlying our project, can be concluded reasonably quickly. Already at the end of July we are counting on having important evaluation elements. We believe in the project and we want to carry it forward. There is a willingness to accelerate".
The president of Telecom then underlined that the network spin-off project made "reference to a European framework, but we need certainties". The separation of the access network "is an appropriate, courageous and far-sighted choice - added Bernabè in the committee - which will create value for the company and its shareholders and, on the basis of an evolution of the regulatory framework consistent with the new Community guidelines, will allow the technological development of our country significantly, with enormous benefits for consumers and businesses”.
But it is not "a simple project" and precisely "because of its complexity it requires deep sharing by Parliament, the government and the authorities. It is up to Parliament and the government to define and implement industrial policy interventions capable of relaunching the sector, while it is up to the sector Authority to define a framework of rules that ensures adequate stability in copper access prices and flexibility in copper prices. fiber access, in line with the principles of the 'Kroes' recommendation aimed precisely at promoting the achievement of the 2020 objectives of the Digital Agenda".
In any case, the spin-off “does not concern a bad company – specified Bernabè -. On the contrary, the company is endowed with very important resources and in the prospect of profitability to accelerate investments". With the unbundling of the passive infrastructures, "Telecom - concluded the Chairman of Telecom - will settle on the same network points as the holos".
