Positive day for Tiscali which stands out among the best performers in Piazza Affari with an increase of 14% to 0.02 euro. The company is benefiting from the start of the integration project between the Tiscali Group and the retail branch of the Linkem Group.
The merger is part of a broader integration project as a result of which Tiscali, with Linkem as the controlling shareholder, will be the fifth telecommunications operator in the Italian fixed market, with an overall market share of 19.4%.
As the company note points out, “The transaction involves the integration of the organizational assets of the companies involved in order to generate significant industrial synergies and to better seize the opportunities associated with the implementation of the PNRR thanks to an integrated offer of fixed, mobile, 5G, cloud and smart city “.