The Latest in IT Security

Regulator likely to fine Telecom Italia over bond deal: sources

11
Dec
2013

Italys market watchdog Consob is likely to fine Telecom Italia for procedural irregularities over the sale of a 1.3 billion euro ($1.79 billion) convertible bond to Telefonica and other investors, legal sources familiar with the matter said. Consob opened a probe into the bond in November to see whether the operation breached so-called related party procedures. The regulator is expected to send Telecom Italia a letter questioning the irregularities in coming days. Telecom Italia has admitted violations, I think a sanction will arrive, one of the sources told Reuters on Wednesday.

Comments are closed.

Categories

SATURDAY, DECEMBER 07, 2019
WHITE PAPERS

Mission-Critical Broadband – Why Governments Should Partner with Commercial Operators:
Many governments embrace mobile network operator (MNO) networks as ...

ARA at Scale: How to Choose a Solution That Grows With Your Needs:
Application release automation (ARA) tools enable best practices in...

The Multi-Model Database:
Part of the “new normal” where data and cloud applications are ...

Featured

Archives

Latest Comments