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SIP (company)
Società Italiana per l'Esercizio Telefonico p.A. (formerly Società Idroelettrica Piemontese p.A.), commonly known as SIP or SIPTEL, was the Italy, Italian State-owned company, state-owned telecommunications company, which dealt with Public telephony, public, Fixed-line telephony, fixed and Mobile telephony, mobile telephony. In 1994 it became Telecom Italia, Telecom Italia S.p.A. History In 1964, the energy assets of Società Idroelettrica Piemontese (SIP), founded in 1918, was nationalized into Enel; it then Mergers and acquisitions, acquired all of the Italian Telephone company, telephone companies, becoming Società Italiana per l'Esercizio Telefonico (SIP). It was run by the Italian Ministry of Economy and Finance (Italy), Ministry of Finance.. SIP was a state monopoly from 1964 to 1996 and Italians were required to pay the "Canone Telecom," a line rental fee of approximately €120 per year., plus hardware rental and other minor costs) in order to have a phone at home. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State-owned Company
A state-owned enterprise (SOE) is a business entity created or owned by a national or local government, either through an executive order or legislation. SOEs aim to generate profit for the government, prevent private sector monopolies, provide goods at lower prices, implement government policies, or serve remote areas where private businesses are scarce. The government typically holds full or majority ownership and oversees operations. SOEs have a distinct legal structure, with financial and developmental goals, like making services more accessible while earning profit (such as a state railway). They can be considered as government-affiliated entities designed to meet commercial and state capitalist objectives. Terminology The terminology around the term state-owned enterprise is murky. All three words in the term are challenged and subject to interpretation. First, it is debatable what the term "state" implies (e.g., it is unclear whether municipally owned corporations and ent ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Telephony
Telephony ( ) is the field of technology involving the development, application, and deployment of telecommunications services for the purpose of electronic transmission of voice, fax, or data, between distant parties. The history of telephony is intimately linked to the invention and development of the telephone. Telephony is commonly referred to as the construction or operation of telephones and telephonic systems and as a system of telecommunications in which telephonic equipment is employed in the transmission of speech or other sound between points, with or without the use of wires. The term is also used frequently to refer to computer hardware, software, and computer network systems, that perform functions traditionally performed by telephone equipment. In this context the technology is specifically referred to as Internet telephony, or voice over Internet Protocol (VoIP). Overview The first telephones were connected directly in pairs: each user had a separate telephone wire ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Telecom Italia Mobile
TIM S.p.A. (formerly Telecom Italia S.p.A.) is an Italian telecommunications company with headquarters in Rome, Milan, and Naples (with the Telecom Italia Tower), which provides fixed, public and mobile telephony, and DSL data services. It is the largest Italian telecommunications services provider in revenues and subscribers. It was founded in 1994 by the merger of several state-owned telecommunications companies, the most prominent of which was SIP, the former state monopoly telephone operator in Italy. The company's stock is traded in the Borsa Italiana. The Italian State has exercised the "Golden Power" on TIM since 2017, which allows the government to take a number of actions when the strategic interests of the country are concerned. It has also a subsidiary in Brazil, known as TIM Brasil, with 72.6 million customers. The brand covers over 114 million customers worldwide. As April 2024, Net sales are distributed geographically as follows: Italy (72.9%) and Brazil (27.1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Telespazio
Telespazio Spa is a European spaceflight services company founded in 1961. It is a joint venture owned by Leonardo (67%) and Thales Group (33%) headquartered in Rome. Telespazio provides services that include the design and development of space systems, the management of launch services and in-orbit satellite control, Earth observation services, integrated communications, satellite navigation and localization and scientific programmes. The company manages space infrastructure, such as the Fucino Space Centre - and is involved in programmes including Galileo, EGNOS, Copernicus, COSMO-SkyMed, SICRAL and Göktürk. Telespazio operates in France as Telespazio France; in Germany as Telespazio Germany, GAF and Spaceopal; in the United Kingdom as Telespazio UK; in Spain as Telespazio Ibérica; and in Romania as Rartel. Telespazio operates in South America through Telespazio Brasil and Telespazio Argentina. In Italy, the company is also present through e-GEOS. History On 18 Oct ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Merger
Mergers and acquisitions (M&A) are business transactions in which the ownership of a company, business organization, or one of their operating units is transferred to or consolidated with another entity. They may happen through direct absorption, a merger, a tender offer or a hostile takeover. As an aspect of strategic management, M&A can allow enterprises to grow or downsize, and change the nature of their business or competitive position. Technically, a is the legal consolidation of two business entities into one, whereas an occurs when one entity takes ownership of another entity's share capital, equity interests or assets. From a legal and financial point of view, both mergers and acquisitions generally result in the consolidation of assets and liabilities under one entity, and the distinction between the two is not always clear. Most countries require mergers and acquisitions to comply with antitrust or competition law. In the United States, for example, the Clayt ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Phone
A telephone, colloquially referred to as a phone, is a telecommunications device that enables two or more users to conduct a conversation when they are too far apart to be easily heard directly. A telephone converts sound, typically and most efficiently the human voice, into electronic signals that are transmitted via cables and other communication channels to another telephone which reproduces the sound to the receiving user. The term is derived from and (, ''voice''), together meaning ''distant voice''. In 1876, Alexander Graham Bell was the first to be granted a United States patent for a device that produced clearly intelligible replication of the human voice at a second device. This instrument was further developed by many others, and became rapidly indispensable in business, government, and in households. The essential elements of a telephone are a microphone (''transmitter'') to speak into and an earphone (''receiver'') which reproduces the voice at a distant locat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State Monopoly
In economics, a government monopoly or public monopoly is a form of coercive monopoly in which a government agency or government corporation is the sole provider of a particular good or service and competition is prohibited by law. It is a monopoly created, owned, and operated by the government. It is usually distinguished from a government-granted monopoly, where the government grants a monopoly to a private individual or company. A government monopoly may be run by any level of government—national, regional, local; for levels below the national, it is a local monopoly. The term state monopoly usually means a government monopoly run by the national government. Characteristics of state monopolies A state monopoly can be characterized by its commercial behavior not being effectively limited by the competitive pressures of Company, private organisations. This occurs when its business activities exert an extensive influence within the Market (economics), market, can act autonomous ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ministry Of Economy And Finance (Italy)
The Ministry of Economy and Finance (), also known by the acronym MEF, is a ministry of the Italian government. Its responsibilities include overseeing economic policy, public investments and spending. The Ministry's headquarters are located in Rome's historic ''Palazzo delle Finanze''. The current minister in the Meloni Cabinet is Giancarlo Giorgetti. History Already in 1947 the De Gasperi III Cabinet tried to merge the pre-existing Ministries of Treasure and Finance but it found a political opposition due to the great power concentrated in the hands of minister Pietro Campilli, and the project was abandoned for over fifty years. MEF was created with the Bassanini reform which unified the economical ministers with the legislative decree n. 300 of 1999. In 2001 the Berlusconi II Cabinet applied the reform and the MEF was created with the merger of former ministries: the Ministry of Treasure, Budget and Economic Programming and the Ministry of Finances. Four fiscal agencies wer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
