Spanish telecom buys Italian telecoms rumors

C114 Beijing time February 8 Morning News (Li Ming) after the Spanish telecom acquisition of the Italian telecom part of the shares, will buy the latter rumors on the heels.　　Now there are rumours that a group of bankers is working on a plan to merge Telefónica (Telefonica) and Italy Telecom, according to the Italian Messenger, which will include a merger between Telefónica and the Italian telecoms holding company telco. All the holding companies denied the merger rumours were said to help Telefónica avoid the expensive costs and political problems associated with the full acquisition of the Italian telecoms company.　　The Italian government had previously said it would oppose any attempt to acquire the fixed-phone assets of Telecom Italia.　　However, in the Italian telecoms group holding company, including the Milan investment Bank, Italy, the United Sao Paulo Bank and the insurance group, Italy's loyalty insurance issued a joint statement, denied previous media reports on the acquisition of the Spanish Telecom Italia Telecom rumors.　　According to C114, Telco is Italy's largest shareholder in telecommunications, as early as October 2007, the Spanish telecommunications with 2.3 billion euro won the telco company 42.3% shares, and the Italian Telecommunications board occupied two seats, its consortium occupies 13 seats.　　Frank Bernaby Franco Bernabe, Italy's chief executive, met with Italian Industry Minister Claudio Scayola (Claudio Scajola) last week as he promised to keep the Government informed of the progress of the merger, as a result of the ongoing merger rumours.　　Italy's government or support for Telefónica's acquisition of Italian telecoms has been a recent source of news that Italy's Ministry of Finance is currently discussing its strategic options with the Italian telecoms company, including mergers with Telefónica. The talks between the government and the Italian telecom also involved national finances, and the negotiations are not yet open at the initial stage.　　With regard to the future ownership of the ftns assets of the Italian telecoms company, the government wants to be held by local companies in the light of national security issues, all of which are under negotiation. Italian telecom Milan trading center shares rose to the highest point of the year after the Italian Republic reported the news.　　News that the Italian Government supports the inevitable merger, the deal will be freed from 35 billion euros in Italian telecom debt (49 billion U.S. dollars), but also to the Spanish telecom to establish a large European and Latin American stronghold. Italian telecoms, the Italian treasury and a Spanish press spokesman declined to comment on the news.