“No contact with Mediaset, even if who knows in the future. Brazil remains core, while in Argentina we cannot wait indefinitely”. Telecom Italia's top management also spoke in Cernobbio, through the statements made to journalists by the president Giuseppe Recchi and the managing director Marco Patuano.
“No contact with the Mediaset group – assured Recchi -. We have never said we can talk about an alliance with Mediaset, what we have said is that in a phase of transformation of the sector, in which, as has been seen in other markets, content distributors could in the future approach data distributors , anyone who sells content is an interlocutor for us. Today we have a solid and stable agreement with Sky but every content company is a product seller for us ”, he concluded.
Patuano instead intervened on international strategies. "No offers received for Tim Brasil, Brazil remains a core market for the Telecom Italia group which plans to accelerate investments in mobile ultra-broadband", said the CEO, commenting on the scenario that is now opening up in the South American country after the operation Telephone-Vivendi.
"The opportunity we are seeing in Brazil is to accelerate investments - said Patuano - to make mobile ultra-broadband on the basis of what we are doing in Italy where we have very interesting results, and I believe that we also have the same possibility in Brazil to have very interesting results on mobile ultra-broadband”.
“Plans are always something that must be updated according to market trends, possibilities and opportunities – commented Patuano – The spirit we have seen within this board of directors is important. A council determined to evaluate how to make our Brazil grow - he concluded - I am sure that we will have to look at Brazil as an option for growth, and therefore the fact of having a review of our original programs is certainly not something that should surprise " .
Furthermore, the Telecom Argentina affair cannot go on indefinitely. If the authorizations for the finalization of the sale of the subsidiary to Fintech do not arrive, the board of directors of the Telecom Italia group will re-evaluate the entire dossier. CEO Marco Patuano always explained it, speaking on the sidelines of the Ambrosetti workshop.
"We have taken note that during the summer the Argentine government also had to face a very important crisis, and therefore that within the priorities of the Argentine authorities there were equally perhaps more important issues - said Patuano - We gave the other party an extension of the time available to him (September 25, ed), I think it was an honest thing to do but then the extensions cannot last indefinitely, the authorizations either arrive or they don't arrive and at this point the board of directors will reevaluate the entire file".
