Telecom Italia board member tied to insider trading investigation

According to a report from Reuters, Italian law enforcement have searched the offices and home of Telecom Italia board member Elio Catania as part of an investigation into possible insider trading. Citing unnamed sources familiar with the matter, Reuters reported that Catania is under suspicion of supplying private information on Telecom Italia's business to unnamed media publications. That information could have led to changes in the price of Telecom Italia's stock. According to Reuters, representatives from the telco were not immediately available to comment. Article. In other Telecom Italia news, the company said it does not plan to discuss a capital increase during a scheduled board meeting on Thursday. The comments were in response to a report from a Spanish media publication that the carrier was considering improving its financial situation with an increase in capital. Article

Suggested Articles

Wireless operators can provide 5G services with spectrum bands both above and below 6 GHz—but that doesn't mean that all countries will let them.

Here are the stories we’re tracking today.

The 5G Mobile Network Architecture research project will implement two 5G use cases in real-world test beds.