Spotlight on telecom italy, among the best stocks of the day in Piazza Affari with an increase of 1,5%, finished at the center of attention of investors by virtue of the numerous strategic dossiers that they will be addressing over the next few weeks.
To attract the interest of the markets today are the rumors about failure of negotiations with Canal+ on the creation of a joint venture and the related plan to purchase content from Mediaset.
In the event that the rumors are confirmed, it will be necessary to wait a few weeks to understand what the strategy of the group led by Amos Genish will be, which among the main elements of the 2018-2020 strategic plan mentions the convergent offer of video content. Tim's board of directors will be held on March 6, which should ratify the farewell to the alliance. According to analysts, the end of the negotiations will not only lead the Italian telecommunications company to open up to new commercial partners in order to maintain the commitments made in the plan, but will also repercussions also on the Mediaset-Vivendi case, destined to end up in the hands of the judges.
Meanwhile, the rumors continue network unbundling. As written by Reuters, Telecom has already chosen the advisors for the transaction. Credit Suisse Goldman Sachs will be in charge of the preparation of the corporate separation plan of the network which will be presented on March 7th.
But the hot topics are not finished: investors' eyes are also focused on theAffair Persider, the multiplex company in which Tim holds the majority. Rai Way w F21 would have adjusted the offer upwards but Gedi (minority shareholder) would like to obtain an even higher price. An extraordinary board of directors is scheduled for today in Milan to discuss the dossier.
