Telecommunications, the praise of the Economist to the CEO of Tim Labriola
L’Economist analyzes the ‘case of Italy’ on the telecommunications front and confers a (prestigious) certificate of esteem for Peter LabriolaTim’s CEO, who is assumed to be a role model for marrying a successful industrial strategy for European telecommunications.
The reason for the public acclaim is the decision taken by the CEO to spin off the Network which, according to the British newspaper “may be the best chance to save the industry from a wasteland without profits“. In this sense, Pietro Labriola is considered as the forerunner who will set the school for the other CEOs. The “magic” ingredient of Labriola, according to the Economist is that, following his model: “regulators are more likely to allow the mobile phone business to be merged with that of another operator“.
Read also: Tlc, the circle around Tim is tightening. Here are the Kkr and Cdp-Macquarie offers
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