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T.Italia stake depends on strategy - Generali Chairman

Tuesday, September 10, 2013 - 02:37

Sept. 10 - Generali Chairman, Gabriele Galateri, addresses concerns about the Italian government, his hopes for telecoms in Europe and whether his group will remain shareholders in Telecom Italia.

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Mr. -- -- are you concerned about a possible government prizes in Italy at a time when the economy is still not attack come out of recession. Well not so I'm not how one could not be words that you've. In this moment in which from the economic point of view. Things looked at me and pulled it just a little of this runs -- win for them. Yes this is being subsidized by whatever kind of up box you Politico law financial models without -- -- the substance -- some mighty. We -- whole thing is that this would not take place. I see good signs so. -- and I'm really he's an undated the united -- all people acting in the previous the other side and I -- expect to the government to stay and to continue -- a good word -- that it has been doing. We've seen and big consolidation moves into telecoms sector in particular afternoon Verizon Vodafone deal watch is it impact now of this shakeout. On the -- coming Tonya. Well I think that's what the impact of fall is that. My opinion on my you all for people lie. Rediscovering the fact that that the -- business is is important in this thing. Business with good potential. We heard the just now from the sun moon you know that it comes to those that did you follow developments you off. As one of the key elements four at the prospect of a point. So all of the sun goes back to say that that had a comment on it that my get a title for those of the great potential problem. Now we all know that too many incorporate to see you often -- those in need of concentration. It's one of the opportunities that exist I hope but that you -- at a good time at one point in time this -- should be given the on the horizon. Specifically on -- Ronnie and wheels you take your opportunity to leave their current shareholder pact. And -- all distinct. While I go like to -- to imagine that I CO has indicated that we are not so you -- to invest those and other businesses that we want to concentrated in the insurance business so the presence say in that category that is for us has to -- this sense in terms of having the company to get to provide. -- -- about we would not being definitely there. Now when and how we might move out to. -- the company would have been very much from a walk through here. You know the border from nineteen thing tons of strategy of the complement each of the future possibilities as it took over operational decision.

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T.Italia stake depends on strategy - Generali Chairman

Tuesday, September 10, 2013 - 02:37