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Wireless

Telecom Italia clarifies Hutchison contacts

Tuesday 9 April 2013 | 13:28 CET | News
Telecom Italia issued a statement at the request of Italian stock market regulator Consob to clarify its earlier announced talks with Hutchison Whampoa. The Italian operator underlined the contacts with Hutchison Whampoa, aimed at "checking the feasibility of an integration process", were "only preliminary" and "non-binding". The operator also said it would discuss the issue at a meeting of the board of directors planned for 11 April. The talks are thought to centre on merging Hutchison's 3 Italia with Telecom. The latest reports in the Italian media suggest Hutchison could take up to a 30

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Categories: Mobile & Wireless
Companies: Hutchison Whampoa / Telecom Italia
Countries: Italy
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