Secret-service panel sees risk in Telecom sale
Network is strategic, Italy laws must oversee it, Copasir says26 September, 18:52
At risk is the loss of the Italy's national sovereignty, said Copasir, which oversees the Italian domestic and external intelligence agencies.
The announcement earlier this week that Spain's Telefonica SA has agreed to raise its stake in Telco, the company that controls Telecom Italia, to 66%, giving it effective control of the group, raised an outcry across Italy.
Italy's government is set to evaluate whether it will still apply the golden share it holds in Telecom Italia, the former State-owned telecommunications company, which gives it veto rights over it, in the light of the possibility it may be purchased by the Spanish company.