Telecom Italia Logo — Telecom Italia is a private Italian of telecommunications that has inherited the fixed telephone network of the former public operator of the same name. Telecom Italia was born from the merger in July 1994 of the latter with the company Olivetti. This operation, launched by the Managing Director of Olivetti at the time, Roberto Colaninno marked the Italian world of finance and business. It is indeed a takeover daring which enabled it to take control of a much larger group, which saw OPA also realize the privatization of Telecom Italia SpA and Olivetti simultaneously converting from its traditional in materials and services to telecommunications.
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Telecom Italia was founded formally in 1994, by Act of June 30 the board of the public group IRI approving the “Plan for restructuring of telecommunications “under the provisions adopted by the law of 29 January 1992. This restructuring involved the merger of five group companies IRI — STET operating in the telephony sector: Società Piemontese Idroelettrica (SIP), Iritel, Italcable, Telespazio and SIRM. This fusion was born Telecom Italia. More