Telecom Italia chief will seek accord with RAI, BSkyB

Article Abstract:

Telecom Italia SpA Chairman Gian Mario Rossignolo has been permitted by the firm's board of directors to pursue an agreement with RAI regarding Italy's digital platform. The company may also seek a partnership with British Sky Broadcasting Group PLC. The move marks the enactment of Telecom Italia's long-formulated industrial plan, where its consolidated net profit increased 75% in the first six months of 1997 to 3.2 trillion lire. Italy's digital platform has long been a controversial issue as state officials have not yet decided whether to allow News Corp.'s Rupert Murdoch to enter the country's pay-television industry.

Comment:

Telecom Italia SpA may also seek a partnership with this firm regarding Italy's digital platform

Italy, Cable Networks, Strategic alliances, Pay Television, Telecom Italia S.p.A., British Sky Broadcasting Group PLC, Pay-per-view television, Subscription television, Radiotelevisione Italiana

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Canal Plus is set to launch national phone venture

Article Abstract:

Canal Plus SA will work with GE Capital, Bank of America and other firms to roll out a French national phone service over cable-television lines run by Numericable, Canal Plus' unit. Numericable, the second-biggest cable operator in France, has cable interests that cover the Paris, France, region and such major French cities as Toulouse, Nice and Lyon. The new national phone venture will directly compete with France Telecom. Analysts are currently divided on the impact of the new phone venture in the French market.

Comment:

Along w/ Bank of America & other firms, will work w/ Canal Plus to roll out a French natl phone svc over cable-television lines

Joint ventures, France, Wired Telecommunications Carriers, Telephone Communications, Telephone services, BankAmerica Corp., Canal Plus SA, General Electric Capital Corp.

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