Italian financial institutions are aggressively rolling out new Internet services, to judge by the volume of advertising in the media in recent weeks, but the country has a long way to go before it catches up with its most advanced competitors, industry analysts say.
Stories by Philip Willan
CHL SpA, a Florence-based company specializing in the online sale of personal computers, hi-fi and other electronic equipment, has become Italy's first company to launch a mobile commerce service exploiting the country's high level of cell phone usage, the company announced today.
Internet Capital Group of the U.S. and Italy's electricity utility ENEL SpA today signed an agreement for the creation of a joint venture to act as an incubator for Internet applications in the business-to-business (B2B) e-commerce sector, the companies announced.
Italy is turning to the new economy to close the gap that separates it from the most advanced industrialized countries, Prime Minister Massimo D'Alema told a news conference today. D'Alema was presenting a government-backed initiative to provide up to 600,000 high school students with cheap personal computers to be purchased with interest free loans.
The Spanish government today awarded Europe's first four Universal Mobile Telecommunications System (UMTS) licenses, one of them going to the Amena SA consortium in which Telecom Italia Mobile SpA (TIM) is a partner, the Italian cellular phone operator said.
U.S. President Bill Clinton doesn't trust the Internet for sending e-mail to his daughter, and Italians are beginning to wonder whether it is safe to use for electronic commerce following two highly publicized cases of online fraud in the last two weeks.
Tiscali SpA's campaign of European expansion reached Germany today with the announcement that the Italian telecommunications operator has bought Hamburg-based Nikoma Beteiligungs Gmbh.
Olivetti SpA's new Webphones, which are due to go on sale in June, will use software supplied by Microsoft Corp. and Insignia Solutions, the company announced today.
Italians are notoriously averse to paying taxes. For most citizens, from prime ministers to humble artisans, outsmarting the tax man is a popular and perfectly respectable sport.
Infostrada SpA, the Italian fixed-line telecommunications company controlled by Mannesmann AG of Germany, yesterday signed an agreement for the supply of broadband Internet access with Sprint Corp., the U.S.'s third largest long distance telecom operator, Infostrada announced today.
Olivetti SpA has purchased a 45 percent stake in the IT consultancy Logicasiel SpA from Britain's Logica Group for 52 billion lire (US$26.9 million), giving the Telecom Italia Group complete control of the company, Olivetti announced yesterday.
A marketing center belonging to IBM Corp. on the outskirts of Milan was badly damaged by a fire that broke out last night and raged out of control for more than six hours, an IBM spokeswoman said today.
Italian police have identified a network of alleged Internet thieves who, among other crimes, are suspected of using the credit cards of around 100 U.S. citizens to make online purchases of high-fidelity and electronic equipment, a police spokesman said today.
Italian software vendor Tecnologia Avanzata dei Sistemi SpA (TAS) will list 30 percent of its stock on Milan's Nuovo Mercato exchange for high growth shares within the next six months, the company confirmed today.
Lucent Technologies Inc. will provide the IT infrastructure and billing system for Blu SpA, the Italian mobile phone operator, as part of a strategic agreement initially worth approximately 90 billion lire (US$45 million) signed by the two companies, Lucent announced today.