Ben Ammar Telecom defends the management of any change

With the entry into Telecom Italia shareholders of the new members of Telco, there is the possibility of a change in leadership of the group but Tarak Ben Ammar, on behalf of Mediobanca and the Group C of "piazzetta Cuccia," stands in defense of the present and declares, "a team that wins will not change" and adds: "I speak as a member of the Committee of Mediobanca governance and how representative of the group C of the shareholders of foreign
Piazzetta Cuccia. " Its position of representation, by himself, without specifying the task, the Tunisian financier Franco does not add more data and pitted the results obtained so far from the summit of Telecom, which in its composition formed by the chairman Pasquale Pistorio, Vice-President and CEO Carlo Buora and Managing Director Riccardo Ruggiero, commenting "the results are good," and adds that "the company is able to have an EBITDA margin of 47% on home market" and then he said "There's no reason to disturb the balance of the group and its management. " In intezioni of Mediobanca shareholder in Telco with 10.6%, had been informed, through its managing director, Alberto Nagel, the objective in the near future is "to Telecom Public Company realizing a type of governance, leading to a fully independent Board and devoid of strategic or financial constraints by members of large or small. " In the past days Corrado Passera, chief executive of Intesa Sanpaolo, another member of the reference of Telco, in response to Nagel, commented that for them "the hope of all shareholders is that Telecom has a strong management and a strong Cda governance and a clear, that if we want, we can also call the Public Company. " Then nothing. The market, beyond the generic statements of directors delegates expected that define the actions on the Telco in Brazil, where Brazilian Anatel Authority, to decide on clearance. Tarak Ben Ammar So today, as spokesman of the French shareholders of Mediobanca, seems to show that the French interests are focused on the decks that would be the power of the group TLC.

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