11 June 2018
| Alan Burkitt-Gray
Italian regulator AGCom is starting a public consultation on TIM’s network separation plan – but TIM’s CEO Amos Genish is worried about falling wholesale prices.
NetCo will include all national infrastructure in Italy but will not own Sparkle, the
international wholesale network. Genish welcomed
AGCom’s decision, saying it was "a milestone" and
confirming the plan to launch NetCo by early January 2019.
"AGCom is satisfied by all the documents we have presented," he
said. But he called on "everyone to play their part" in
developing the regulatory framework. "It is not a one-sided
TIM said it hoped and expected "an evolution of the
regulatory landscape allowing NetCo to be a sustainable and
independent business, capable of affording the investments
needed to give Italy and the market a technological
best-in-class infrastructure". The TIM spokeswoman told
Capacity: "We hope Italy will no longer be the only
country in Europe where almost all access services are
regulated on a cost-based basis; with some services –
such as fibre unbundling and fibre bit-stream – that
are regulated only in Italy among the main EU countries."
Meanwhile a court in Milan has cancelled a €74.3
million fine that it imposed on TIM last year for failing to
notify the authorities that it was under the control of
The French media group was then the largest shareholder in TIM,
but since then has lost control to a group of activist
shareholders led by Elliott Advisors, which now has voted in
most of TIM’s board. The court said it would
reveal its reasons on 4 July.