The sale of Telecom Italia s network is the only realistic option for the group, as it grants the survival of the phone company, Italy s economy minister said on Tuesday.. -April 09, 2024 at 07:58 am EDT
- MarketScreener
Telecom Italia: The French giant, which began building its stake in TIM in 2015, told Labriola it was considering options including selling its shares, in order to cut a nearly 75% loss the French media group faces on its initial investment, the sources said.
Telecom Italia Chief Executive Pietro Labriola met with top representatives of the group s main investor Vivendi in Paris on Thursday, two sources briefed on the matter said. .
By Mauro Orru Telecom Italia said a recent bid it received from the Italian government for its submarine-cable unit Sparkle is unsatisfactory and asked Chief.
Italian infrastructure fund
F2i is ready to set up a vehicle to invest about 1 billion euros alongside U.S.fund KKR in Telecom
Italia s landline grid, a source with knowledge
of the matter said on.