Italy

Swisscom Secures Approval for Vodafone Italia Acquisition

11 hours ago

Swisscom AG has received the green light from regulatory authorities to proceed with its acquisition of Vodafone Italia, marking a significant step in the evolution of telecommunications in Italy. This approval reinforces Swisscom's ambitions to expand its footprint in the European market, particularly in the mobile communications sector.

Italian Payment Services Face Major Outage: Network Repaired

21 days ago

In a significant disruption that affected thousands of consumers and businesses across Italy, payment services faced a major outage earlier today. Reports emerged as users were unable to complete transactions through various platforms, leading to widespread concerns regarding the reliability of electronic payment systems. The source of the issue was attributed to damage sustained in the underlying network infrastructure.

Intesa Sanpaolo Expands Crypto Desk Operations: A New Era for Italy's Banking Sector

1 month ago

Intesa Sanpaolo, Italy's largest banking institution, has announced a significant expansion of its cryptocurrency trading operations. This move marks a pivotal moment in the bank's strategy to integrate digital assets into its service offerings. The enhanced capabilities will enable the bank to engage in spot trades, catering to both retail and institutional clients, as it aims to solidify its position in the burgeoning crypto market.

Italy's Proposed 42% Tax on Crypto Trading Faces Reduction

1 month ago

In a significant development concerning financial regulations, Italy appears set to revise its ambitious tax plans concerning cryptocurrency trading. Originally set at a staggering 42%, the tax proposal has drawn considerable criticism and concerns from investors and stakeholders within the burgeoning crypto market.

Italy Envisions Unified Telecom Future with Open Fiber and FiberCop Merger

3 months ago

This is going to be a key stride toward smoothing Italy's telecom infrastructure, since the government is paving the way to merge the Open Fiber SpA and FiberCop networks into one consolidated telecom network. The development marks a critical step toward promoting better conditions for the nation's broadband-and hence, better service delivery-to meet the growing demand for robust digital connectivity.

Italy's Asterion Makes a New Bid for Telecom Italia's Subsea Cable Unit

3 months ago

Italian Asterion Industrial Partners has revived its bid for Telecom Italia's subsea cable unit, seeking to buy a strategic business underpinning global internet infrastructure. Backed by US asset manager Fidelity, the bidder has been determined to build an important portfolio in the vital subsea cables industry.

Elon Musk Praises Italy's Prime Minister Giorgia Meloni as 'Authentic' and 'Honest' at a Prestigious Awards Gala

3 months ago

During an awards ceremony with fanfare, Tesla and SpaceX CEO Elon Musk showered Italy's Prime Minister Giorgia Meloni with praise for her honesty and integrity in an unexpected backing of the Italian leader of high-tech worlds into politics. This surprising endorsement came during Musk's address at the event and drew media circles and that of the global audience in general.