The development of the telecommunications networks

06/20/2013 - 10:00 AM

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Hearing held by Franco Bernabé, Telecom Italia Chairman and CEO,at the Senate of the Republic on June 19, 2013
 

"...the access network spin-off project will have positive effects for Telecom Italia and its shareholders but even more so for our Country, which through this profound reorganisation of the industry will be able to benefit from a notable relaunch of investments in one of the sectors of the economy that is most important for modernisation.

The impetus towards the digitalisation of the economy that the separation project will provide will allow the competitiveness of our country's enterprises and the efficiency of our Public Administration to improve in a profound and lasting way, reduce public expenditure and
create new opportunities for growth, employment and social cohesion.

The use of the internet and more generally of Information and Communication Technology (ICT) represents the true stimulus for development in modern economic systems..."

"Telecom Italia is now about to undertake a long journey which others will be able to follow. We are convinced that this is a fitting, brave and far-seeing choice, which will create value for the company and its shareholders, which will allow the technological development of our Country to be accelerated significantly, with enormous benefits for consumers and businesses."