The Government continues to push on marriage between Tim and Open Fiber. This morning it was presented in the Senate Finance Committee a amendment to the tax decree, signed by Emiliano Fenu (M5S), on the integration between the ultra-broadband networks of the two companies.
A decision that surprised the market, which instead expected a parallel rule to the simplification decree with a consequent longer timing. In reality it is the first step towards the renationalisation of the network.
According to what the Sun 24 Hours, the measure aims to encourage the creation of a single network between Tim and Open Fiber. Not only. There would also be a "employment clause” according to which “in determining tariff incentives, the Communications Authority (Agcom) should also take into account the workforce of the separate company”. Simply put, the aim would be to avoid negative repercussions on workers. In fact, 22 jobs would be considered at risk.
In detail, the amendment leaves room for two possibilities: the first provides that Agcom can create ad hoc rules aimed at promoting integration. The second, however, leaves the operators the possibility of moving independently.
In the meantime, on Tim's corporate vicissitudes they express themselves, harshly, the trade unions. While awaiting the new CEO, who should be appointed on Sunday 18 November, the trade organizations argue that there is no need to choose a managing director "hanging on the stamped papers or on the moods of some shareholder in possession of zero point of the capital" but to leave the proxies of the to the chairman Fulvio Conti until the next meeting. But, on the eve of the choices, Gubitosi is in pole position to become CEO of Tim.
The unions also underline that “the long conflict between Tim's major shareholders, which culminated in the removal of the CEO, confirms a condition of profound instability in the ownership structure which has been one of the obscure evils that have been sinking the company for some time. Any solution must start from the resolution of this knot”.
The board of directors, say Fistel Cisl, Uilcom Uil and Slc Cgil, "announced for Sunday will hardly be able to indicate a lasting solution, in these conditions it is perhaps appropriate to confirm the regency of the President and quickly open a discussion with all the players, under the direction of the Government and with the country's best interest at the centre, capable of finally indicating a prospect of consolidation and growth that above all protects employment”.
