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Author:Rossant, J.
Title:Telecom's new giant
Journal:Business Week
1999 : MAY 3, VOL. 3611:941, p. 24-27
Index terms:EUROPE
TELECOMMUNICATION
TECHNOLOGY
Language:eng
Abstract:Franco Bernabe's days as chief executive of mighty Telecom Italia certainly looked numbered in mid-April. Facing a ferocious, $62 billion hostile assault from feisty Olivetti, Bernabe was quickly losing support from key shareholders and from the Italian government. Then, on Apr. 12, after the boyish-looking 51-year-old even failed to garner enough votes to convene a Telecom shareholders' meeting, Bernabe quietly commented to associates: "I might have a little surprise in store".
SCIMA record nr: 192904
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