Telecom Italia chairman meets with Italian PM

Tuesday 21 May 2013 | 12:16 CET | News
Telecom Italia's executive chairman Franco Bernabe met with Italy's new prime minister Enrico Letta on 20 Monday, according to various press reports. The Business Times reports citing sources familiar with the matter that the two discussed Telecom Italia's proposal to spin off its domestic fixed-line network into a separate company. Telecom Italia's board is scheduled to meet on 23 May to discuss the plans. Separating the network assets into a new company could pave the way for the sale of a minority stake to state-backed financing body Cassa Depositi e Prestiti. La Repubblica reports that

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Categories: General
Companies: 3 Italia / Hutchison Whampoa / Telecom Italia / Wind
Countries: Italy
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