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Italian govt still backs Telecom Italia fixed grid spin-off

Wednesday 18 September 2013 | 10:02 CET | News
The project to spin off Telecom Italia's fixed network has ''never been abandoned" by the government, according to Deputy Minister for Economic Development Antonio Catricala. He said that unbundling the network is a very important goal for the government, to be pursued in the context of freedom of the market. He said state lender Cassa Depositi e Prestiti (CDP) could have a major role, but that the investment must remain profitable, because CDP does not give out state aid. According to the deputy minister, the timing of the operation is not predictable.

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Categories: Fixed
Companies: Telecom Italia
Countries: Italy
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